Constructions of Joint Jordan-Israel Free Trade Zone Underway

تم نشره في Wed 5 April / Apr 2017. 12:00 AM - آخر تعديل في Wed 5 April / Apr 2017. 07:18 PM
  • The King Hussein Bridge crossing - (Archives)

AMMAN —AlGhad— Whereas Israeli business reports confirm that works on the construction of the joint Jordan-Israeli Free Trade Zone (FTZ) have already begun, an official Jordanian source who preferred anonymity insists that the ongoing work is merely an expansion of the area which has been there since the Peace Treaty was signed in 1994.

The source reaffirms that the government has not in any way, at any time, discussed the established of a ‘new’ trade with Israel.

The area where the FTZ allegedly stands falls inside the King Hussein Crossing vicinity, according to the Jordanian source, who reiterates that commercial activity has been present for decades now, and that works are on the Israeli side to rehabilitate the deteriorating infrastructure.

According to Israeli reports, the preliminary construction phase will employ between 7,500 and 10,000 Jordanian labourers, as opposed to 3,000 from Israel.
The construction area where the suppsed FTZ between Jordan and Israel stands - (Globes)

Notably, the project entails the construction of a bridge across the river, 352 metres long, connecting both sides of the ‘existing’ joint industrial pocket, which extends over 175 hectares of Jordanian sovereign territories.

Meanwhile, even though workers are permitted to move around the FTZ between the two countries, labourers will not be allowed access to each other’s territories beyond the zone.

It is expected that this project could help facilitate Jordan’s commercial transactions with the European Union.