We are proud to have acted as legal counsel on the landmark Aqaba Port Railway Project - a transformative US$2.3 billion infrastructure initiative to build and operate a 360km railway network connecting Jordan’s phosphate and potash mining sites at Al-Shidiya and Ghor Al-Safi to the Port of Aqaba.

Our Firm represented the four Jordanian shareholders - Jordan Phosphate Mines Co.PLC (JPMC), Arab Potash Company, Government Investment Management Company (GIMC), and Social Security Investment Fund, SSIF - on the shareholders’ agreements with L’IMAD for the incorporation of the Jordanian Emirati Railway Company.

We also represented the Government of Jordan on the intergovernmental agreement with the Government of the UAE, and separately represented JPMC on the offtake agreement for the transportation of phosphate products via the new railway network.

The deal team was led by partners Khaled Asfour and Basel AlHadidi, supported by associate Ali Zu'bi.

This project, part of a broader US$5.5 billion Jordanian-Emirati investment package, will transport 16 million tonnes of phosphate and potash annually and is expected to commence operations by 2030. It represents a milestone in Jordanian-Emirati economic cooperation and a step-change for Jordan’s logistics and export infrastructure.