Why Jordan, why now

Jordan has $75 billion of PPP and infrastructure projects moving forward, and roughly $40 billion of that is anchored in Aqaba. Our team tracks each of them from its first listing through tender, award and construction.

Several of the largest projects have already moved from plans to signed contracts. The Aqaba–Amman desalination and conveyance concession is signed with its EPC contract awarded, and AD Ports signed a 30-year concession for the Aqaba multipurpose port in February. A second wave of prequalifications is now open across energy, water, transport and industry.

At a glance
Energy: $21.6B (28 projects)
Urban development: $14.4B (10 projects)
Tourism: $13.5B (30 projects)
Transport and logistics: $11.0B (24 projects)
Water: $7.0B (12 projects)
Manufacturing and mining: $5.9B (25 projects)
Health and education: $1.6B (12 projects)
Agriculture, ICT and green economy: $0.6B (26 projects)

Ticket sizes vary widely by sector. Urban development averages over $1 billion per project, while the agriculture, ICT and green economy group averages under $25 million.

Sector by sector

Energy. Energy is the largest sector, led by gas, oil transit and green fuels. NPC is procuring the Risha–Al-Khansari gas pipeline and processing plant as a DBOOT, and the Iraq–Jordan crude oil pipeline to Aqaba is back in planning. In Aqaba, Jordan Green Ammonia (about $1 billion) has signed its investment agreement and entered FEED.

Urban development. Amra City, the $10 billion master-planned city east of Amman, anchors this sector, with stadium works under way and components tendered one by one. Amman adds the Abdali Convention Center (DBFO) and the North Business District. In Aqaba, the Al Quweirah industrial estate and the Al Doum sustainable housing district are open to investors.

Tourism. Most of the tourism value sits on the Aqaba coast, including the Al Matal resort (about $1.5 billion) and a hotel boulevard in central Aqaba. Inland, the Baptism Site visitor village (about $300 million) is recruiting investors. Dead Sea beach plots and hot-spring resorts at Afra and Wadi Bin Hammad are listed on the Invest Jordan register.

Transport and logistics. The $2.3 billion Aqaba port railway, a 50:50 Jordanian–Emirati venture, will carry phosphate and potash from the mines to the port. In Amman, the 15.8 km Medical City toll bridge closed prequalification on May 12, 2026, with the shortlist and RFP to follow. BRT Phase II and an Amman–Zarqa light rail line are also listed for private partners.

Water. The Aqaba–Amman desalination and conveyance project, close to $6 billion all-in, received US DFC approval for $1.8 billion in financing and insurance on September 24, 2026. Construction is expected to start in Q4 2026. Amman's non-revenue water PPP, a contract of about 24 years, is moving to RFP, and the Wadi Zarqa and Madaba wastewater plants are in DBO procurement.

Manufacturing and mining. Fertilizers and minerals drive this group. Arab Potash is prequalifying contractors for a $1.5 billion potassium chloride plant, and its $600 million phosphoric acid complex with JPMC has engineering bids due October 26, 2026. The Al-Qatrana industrial cluster ($830 million) is expanding, and the Abu Khashiba gold and copper project has two executive agreements signed.

Health and education. Kingdom University Hospital ($400 million, BOT) is under construction on Airport Road, and Madaba's new government hospital is being built under a build-lease-transfer contract. The 41 public schools PPP, an availability-payment DBFOMT, is being structured with its transaction advisers in place. An Aqaba medical complex and a medical equipment leasing program are open opportunities.

Agriculture, ICT and green economy. These sectors hold smaller projects in greater number, from the Aqaba agri-tech corridor and a next-generation data center to waste-to-X in Amman and solar panel recycling. They suit investors and operators who want a first position in Jordan at a modest ticket size.

Our perspective

Most of the value is still open. More than 80% of the forward projects have yet to reach award, so the consortia formed over the next 12 months will shape who builds and operates them.

Aqaba is the center of gravity. Ports, rail, desalination, green fuels and coastal tourism all meet there, which is why about $40 billion of the total is anchored in Aqaba.

Gulf and Asian capital is moving first. Emirati investors hold the Aqaba multipurpose port and the port railway, while Chinese groups are building industrial and green ammonia capacity.

Contracts set the returns. Concessions here often run 25 to 30 years, so the risk allocation, change procedures and claims mechanisms agreed at bid stage decide whether a project holds its margin. CMA advises bidders, contractors and lenders on contracts and claims from bid through operation.

Unsolicited proposals, consortiums and financing

Jordan's PPP Law No. 19 of 2023 lets private companies bring their own project ideas directly to the Ministry of Investment or any public authority. The projects on the register are a starting point, and a sponsor with a better idea can put it forward.

Build the consortium. We bring together the developer, EPC contractor, operator and Jordanian partners the project needs, and connect them with the contracting authority.

Arrange the financing. We introduce the project to PPP developers, investors, infrastructure funds, Gulf and Asian investors and project finance banks.

Carry it to close. As sponsor's technical advisor, we review the EPC contract, validate designs, costs and schedules, and complete technical due diligence through financial close.

Jordan–EU Investment Conference at the Dead Sea

The Jordan–EU Investment Conference takes place on November 19, 2026 at the King Hussein Bin Talal Convention Centre on the Dead Sea.

The conference sets out to turn the EU's EUR 3 billion support package for Jordan into executable deals. Its six investment windows span high-value industries, regional gateways, energy, water, transport and logistics, and the digital economy. The conference site lists 38 opportunities across 11 sectors.

We hope to meet many of you there, so reply if you plan to attend and we will set aside time to talk. Details and registration: jeic.invest.jo.

The full list

We monitor close to 200 projects across Jordan, each with its sector, value, delivery model, contracting authority and current stage. Reply to this email and we will share the full list.

Very best,
The CMA team