PBI Aqaba Industrial City has entered into a strategic cooperation agreement with the Chinese company Jiangsu Hongdou Energy Technology Co., Ltd. to explore investment opportunities in the industrial, technology, and energy sectors within the Aqaba Special Economic Zone. The proposed plans include a project in Al-Quwayrah International Industrial Estate with an estimated investment of approximately US$100 million and projected annual exports of around US$200 million.
Established in 2003, PBI Aqaba manages Aqaba International Industrial Estate and Al-Quwayrah International Industrial Estate in cooperation with the Jordan Industrial Estates Company, the Aqaba Special Economic Zone Authority, and the Aqaba Development Corporation.
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