Jordan and Iraq announced on Sunday an international tender to set up a joint economic city on the two countries’ common border.

In a statement, Jordanian Ministry of Industry and Trade said the tender includes preparing studies, designs, engineering plans, developing, financing, implementing, managing, investing, promoting and operating the economic city, as well as sustaining and maintaining its facilities.

The statement added that the Iraqi-Jordanian Company for Industry, which will carry out the project, called on interested international parties specialized in the construction of economic cities, development zones and free zones to bid.

According to the statement, Jordanian Minister of Industry and Trade Yousef Al Shamali and Iraqi Minister of Industry and Minerals Khaled Battal Al Najm noted that the project is important to enhance economic cooperation between the two countries and achieve integration in many fields.

The two ministers said that they reached an advanced stage to start implementing this strategic project, which will strongly boost economic cooperation and attract Arab and foreign investments.

Source: Qatar News Agency