- Prime Minister led government development vision, referencing the 1994 peace treaty and shared Jordan River border.
- Jafar Hassan leads Jordan's government through economic challenges, hosting investment conferences and developing strategic infrastructure.
Arab Potash Company launches $1.1 billion Southern Expansion Project in Aqaba
What happened
The Arab Potash Company (APC) has begun construction on its third cold crystallisation plant, part of the Southern Expansion Project, which is the company's largest investment to date. The project carries an estimated cost of $1.1 billion. The construction launch followed the initial inauguration of the project by Prime Minister Jafar Hassan in May 2025.
From jordantimes.com
Why it matters
The expansion supports the Economic Modernisation Vision by enhancing the mining and fertilizer sectors' contribution to Jordan's GDP and national exports. The new facility allows APC to supply high-purity varieties, including European-standard potash, strengthening Jordan's position in global potash markets.
Jafar Hassan leads Jordan's government through economic challenges, hosting investment conferences and developing strategic infrastructure.
From jordantimes.com
Who's involved
- Jafar HassanPrime Minister of Jordan who inaugurated the project.
- AqabaJordanian coastal city where the company's expansion project is located.
- JordanThe nation whose economic indicators are expected to benefit from the strategic investment.
How this reaches others
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The entities involved
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Jafar Hassan
Prime Minister of Jordan since 2024
Nothing else this week.
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Aqaba
Jordanian coastal city
- Jordan
Related events
- A natural gas station was inaugurated in Aqaba, Jordan, by the Aqaba Special Economic Zone Authority.
- King Abdullah chaired a meeting in Amman, while Jafar Hassan serves as Prime Minister of Jordan.
- The U.S. Treasury identified IRGC offshore accounts and detailed an economic campaign against Iran, leading to Iranian retaliation near Aqaba.
- An investment conference has been scheduled to take place at the Dead Sea.
- Jordan is utilizing Aqaba for LNG regasification and establishing a gas supply chain through Syria to Lebanon.