Saudi Arabia’s Public Investment Fund considers to investment in Jordan’s infra projects

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The Public Investment Fund (PIF) of Saudi Arabia announced on Tuesday that it is considering potential investments in Jordan’s extensive infrastructure projects.

According to The National News, the PIF is also looking into transportation and logistics megaprojects. These will be part of Jordan’s $24 billion MENA investment push, according to Jordanian Finance Minister Mohamad al-Ississ. The aforementioned attempt is part of an effort to boost regional economies. According to the report, the finance minister also revealed that Jordan is seeking interest from the PIF and other GCC investors in a $2.5 billion renewable energy scheme.

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Saudi Arabia’s Public Investment Fund considers to investment in Jordan’s infra projects

The Public Investment Fund (PIF) of Saudi Arabia announced on Tuesday that it is considering potential investments in Jordan’s extensive infrastructure projects.

According to The National News, the PIF is also looking into transportation and logistics megaprojects. These will be part of Jordan’s $24 billion MENA investment push, according to Jordanian Finance Minister Mohamad al-Ississ. The aforementioned attempt is part of an effort to boost regional economies. According to the report, the finance minister also revealed that Jordan is seeking interest from the PIF and other GCC investors in a $2.5 billion renewable energy scheme.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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