Given Jordan’s strategically important location at the crossroads of the Middle East, the country’s transport sector is well placed to become one of the most competitive in the region. With more free trade agreements than any of its neighbours, the sector has continued to show growth over the past year despite ongoing regional instability. At the centre of Jordan’s...
Transport
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Articles & Analysis | Upgrading road, rail and air networks to benefit from a strategic regional location from The Report: Jordan 2014
Interviews & Viewpoints | OBG talks to Kjeld Binger, CEO, Airport International Group from The Report: Jordan 2014
What impact will Queen Alia International Airport (QAIA) upgrades have on the Jordanian aviation industry in the context of the wider region?
Articles & Analysis | Airport renovations aim to boost the aviation sector from The Report: Jordan 2014
Jordan’s aviation market occupies a medium-sized position within the Middle East. While not quite on par with the rapid increase in international routes that has boosted air travel to Gulf countries like Qatar and the UAE, the kingdom’s airports have nevertheless seen steady passenger growth in recent decades, averaging 9.7% per year between 2006 and 2011.
Jordan’s transport sector remains a major source of employment, currently providing jobs for approximately 10% of the county’s workforce. While the volatility of energy supplies, particularly natural gas from Egypt since 2011, continues to pose a challenge to the sector, plans for a new national rail network, including a line connecting Iraq with the Port of Aqaba, hope to address this....
In 2014 Jordan’s population reached 6.64m, as regional turbulence saw an influx of refugees from neighbouring countries. Jordan, however, remains stable as it pushes ahead with the political reforms announced in 2011. The economy continues to revive following the global economic downturn, while government commitments to tackle structural issues in the economy bode well for future growth.
Momentum is building across Qatar’s rail, aviation and port projects, on the back of rising investment, paving the way for a broadening of the state’s economic base.