en.Wedoany.com Reported - Saudi Arabia and Jordan recently reached an agreement through a virtual meeting to plan the construction of a cross-border railway connecting the two countries. The project aims to promote bilateral trade and investment, enhance economic integration, and potentially extend to Syria. The two countries' transport ministers, Nadal Katamin and Saleh bin Nasser Al-Jasser, stated that a joint committee will be established to advance this cross-border railway plan to improve regional logistics efficiency.

Saudi Arabia is Jordan's largest foreign investor, accounting for nearly 16% of its total capital flows, primarily in industries such as cement. Jordanian data shows that Saudi Arabia imported Jordanian products worth $612 million in the first half of last year. Jamal Banon, manager of the SMS Economic Consulting Center, pointed out: "Currently, most commercial exchanges rely on truck transportation. This cross-border railway will significantly boost trade development."

Meanwhile, Jordan's phosphate industry will benefit from another railway project. The state-owned Jordan Phosphate Mines Company (JPMC) signed an agreement with the Abu Dhabi government to build a railway connecting the mines to the port of Aqaba, expected to transport nearly 16 million tons of phosphate and potash annually. Economist Firas Al-Rawashdeh commented: "This is a strategic project that will reduce costs and promote export growth."

JPMC plans to expand production and is studying the construction of a floating port to handle phosphate exports. Shadi Majali, Chairman of the Aqaba Special Economic Zone Authority, stated that the project will enhance supply chain efficiency and position Aqaba as a commercial hub. The Jordanian government holds approximately 42% of JPMC's shares. The company produced nearly 11.5 million tons of phosphate in 2025.

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