Middle East Economic Survey
Afcons Infrastructure Wins Contract For JPMC Phosphate Port
Indias Afcons Infrastructure Ltd has won a $240mn contract to build the new phosphate port at the southern port of 'Aqaba for Jordan Phosphate Mines Company (JPMC). According to JPMCs CEO Walid al-Kurdi, his company will develop the new port on a 30-year build-own-transfer (BOT) basis, under an agreement signed with the 'Aqaba Development Corporation (MEES, 5 April). The new...