Jordan has launched a project to build a smart city at its southern Aqaba port with technical assistance from the Japan International Cooperation Agency (JICA).Jordan has launched a project to build a smart city at its southern Aqaba port with technical assistance from the Japan International Cooperation Agency (JICA).

Jordan launches Aqaba smart city plan with Japanese input

2026/01/29 19:14
  • Memorandum of understanding signed
  • Package of pilot projects planned
  • Port records sharp increase in traffic

Jordan has launched a project to build a smart city at its southern Aqaba port with technical assistance from the Japan International Cooperation Agency (JICA).

The Aqaba Special Economic Zone Authority (Aseza) on Wednesday signed a memorandum of understanding with JICA, which has been involved in several development projects in Jordan.

The deal aims to launch a “comprehensive” smart city primary plan for Aqaba and implement a package of pilot projects across key sectors, Aseza said on its website.

“This project features smart governance and public administration, smart infrastructure, intelligent traffic and transport,” it said.

“Smart environment, tourism, economy, and energy, as well as disaster and risk management, and cutting-edge urban infrastructure figure high in this scheme, while the project implementation is set to begin in the first half of this year.”

Aseza chief commissioner Shadi Hindawi said the project is within the authority’s 2024-28 strategic plan for the development of the port and nearby areas.

He said it would improve life quality, enhance efficiency of urban services and boost Aseza’s readiness and relevant institutions to build smart urban projects in line with the best international practices.

Aqaba is the busiest port in Jordan and has acted as a transit route for gas supplies to Egypt through a floating terminal.

Business at the port recorded a sharp increase in the first half of 2025 despite persistent tensions caused by Houthi attacks on shipping.

Further reading:

  • AD Ports deal to transform Jordan’s Aqaba
  • Jordan reports record investment spending in 2025
  • EBRD may back renewable and rail projects in Jordan

The number of vessels using the port in the Northern tip of the Red Sea last year jumped by about 65 percent to around 200 ships, port data showed.

Container activity also recorded a sharp rise, with the number of incoming and outgoing containers surging by 26 percent to about 295,000 from 234,000 in the same period.

In early 2025, Jordan said it would embark on a project to build a gas treatment plant in Aqaba at a cost of $125-$130 million.

Officials said the project has a processing capacity of 160 million cubic metres per year and that 50 percent of the project costs would be funded by the Kuwait Fund for Arab Economic Development.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why Vitalik Buterin Just Pulled 16,384 ETH From His Holdings

Why Vitalik Buterin Just Pulled 16,384 ETH From His Holdings

The post Why Vitalik Buterin Just Pulled 16,384 ETH From His Holdings appeared first on Coinpedia Fintech News Ethereum co-founder Vitalik Buterin just withdrew
Share
CoinPedia2026/01/30 18:19
Record-breaking streak ends – Rabobank

Record-breaking streak ends – Rabobank

The post Record-breaking streak ends – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s report notes that Gold has seen a significant retracement, ending
Share
BitcoinEthereumNews2026/01/30 18:24
World Liberty Financial Approves WLFI Token Buyback Plan

World Liberty Financial Approves WLFI Token Buyback Plan

The post World Liberty Financial Approves WLFI Token Buyback Plan appeared on BitcoinEthereumNews.com. Key Points: WLFI plans significant token buyback. Buyback aims to enhance token value. 99.84% approval received for the strategy. World Liberty Financial’s governance proposal mandates using all liquidity fees for WLFI token buybacks and permanent removal, receiving 99.84% voter support by September 19, 2025. This initiative aims to boost WLFI’s price stability, targeting committed investors, amid volatile market conditions post-launch. WLFI Buyback Gains Overwhelming 99.84% Support World Liberty Financial (WLFI) announced a significant governance decision regarding its native token. With a notable 99.84% voter approval, all liquidity-generated fees will fund buybacks and permanent burns of WLFI tokens, enhancing long-term value. This effort marks a substantial shift in the project’s financial strategy, as the Trump family continues to play a shaping role with their association. The immediate results of this vote are expected to stabilize WLFI’s price, which experienced turbulence after its introduction. The strategy’s broader goal is to remove circulating tokens that participants not aligned with WLFI’s long-term goals hold, thereby improving value for those invested long-term. Market analysts anticipate that a consistent buyback-and-burn approach could strengthen WLFI’s market position, despite no formal endorsements from major regulatory bodies. However, notable community figures, including influential investors, have voiced both support and reservations regarding the plan’s impact on market dynamics. Lookonchain Analysis: Recent Trends in Crypto Transactions highlights a similar trend in interest within the broader cryptocurrency market. WLFI’s Market Outlook Following Buyback Strategy Did you know? Advanced buyback strategies similar to World Liberty Financial’s approach have observed increased adoption in 2024, offering short-term price boosts and encouraging long-term token holding, especially during volatile periods. World Liberty Financial’s WLFI token recently saw a 0.67% increase in 24 hours, reaching $0.23, with a market cap of $5.54 billion according to CoinMarketCap. Trading volume dropped by 48.92%, yet over the past seven days, WLFI…
Share
BitcoinEthereumNews2025/09/21 06:41