AD Ports Group Secures 30-Year Concession for Management of Aqaba Multipurpose Port in Jordan
On February 9, 2026, a significant milestone in the evolution of Jordan’s logistics framework was marked by the signing of a 30-year concession agreement between AD Ports Group and the Aqaba Development Corporation (ADC). This deal entails the management and operational oversight of the Aqaba Multipurpose Port, which holds the distinction of being Jordan’s sole general cargo and multipurpose seaport. The agreement not only fortifies AD Ports Group’s investment in the strategic city of Aqaba but also signifies an increased commitment to enhancing the region’s logistical infrastructure.
The agreement positions AD Ports Group to inject an impressive AED 141 million (approximately USD 38.4 million) into this strategic joint venture. With an established reputation for advancing port infrastructure and operations across various locations, the Group is set to commence control of the port by August of this year. This initiative aligns seamlessly with the wider objectives of enhancing Jordan’s economic landscape, particularly in trade and maritime activities within the Red Sea region.
The contract was formalized during a ceremonial event held at the headquarters of the Aqaba Special Economic Zone Authority (ASEZA). The ceremony witnessed the presence of notable dignitaries, including Counselor Hamad Al Matrooshi, Chargé d’Affaires of the UAE Embassy in Amman, Chief Commissioner Shadi Majali of ASEZA, and Captain Mohamed Juma Al Shamisi, the managing director and Group CEO of AD Ports Group. The formalities were completed with the signatures of Hussein Safadi, CEO of ADC, and Ahmed Al Mutawa, Regional Chief Executive Officer of AD Ports Group.
During the signing ceremony, Capt. Al Shamisi emphasized the agreement’s alignment with the strategic vision of both the UAE and Jordan’s leadership. “This agreement underlines our commitment to strengthening relations with the Hashemite Kingdom of Jordan and reinforces the Kingdom’s vision of transforming the Port of Aqaba into a premier commercial gateway in the Red Sea region.” This sentiment was echoed by Majali, who remarked, “This strategic partnership is a key milestone in enhancing Aqaba’s role as a competitive and integrated economic zone.” Safadi also highlighted the broader implications of the collaboration, stating, “This partnership enriches Aqaba’s ecosystem across logistics, tourism, and port services, marking an important step forward with AD Ports Group.”
The importance of the Aqaba Multipurpose Port extends beyond mere operational efficiency. This agreement is set to revitalize the maritime corridor linking Jordan to international markets, providing a vital transit point for freight and fostering growth in various sectors. The port’s operational enhancement is expected to stimulate economic growth, facilitate increased trade flow, and attract further foreign investment into Jordan’s burgeoning logistics sector.
The geopolitical significance of the Aqaba port cannot be understated, given its strategic positioning along the Red Sea—a crucial waterway that connects several countries, facilitating access to broader shipping routes. With competing ports in nearby nations, particularly in the context of Gulf cooperation and competition, Aqaba’s strategic advantages and developmental aspirations will play a pivotal role in shaping regional trade dynamics.
As Jordan continues to navigate its economic challenges and aspirations, partnerships such as the one with AD Ports Group stand to play an essential role in facilitating transformative developments. This agreement underscores the growing emphasis on strategic collaborations between nations and private entities that pool resources, expertise, and innovation.
In conclusion, the management of the Aqaba Multipurpose Port represents more than just an operational venture; it is a beacon of hope for enhanced economic collaboration and infrastructural development in Jordan. With both local and regional implications, the partnership is poised to enrich Jordan’s logistics capabilities while positioning Aqaba as a pivotal player within the Red Sea’s commercial landscape.
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