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.