Jordan Approves Framework for Green Hydrogen Projects in Aqaba
Key Ideas
- The Jordanian Cabinet has approved the general framework and proposed mechanism for developing green hydrogen projects in Aqaba.
- Ministries of Energy, Investment, and Finance will collaborate to review incentives and extend them to projects outside the Aqaba Special Economic Zone.
- The initiative aims to attract sustainable investment, promote energy diversification, and position Jordan as a regional clean energy hub.
- The government tasks relevant ministries and authorities with constructing and financing shared infrastructure in Aqaba through binding agreements with developers.
In a recent Cabinet session chaired by Prime Minister Dr. Jafar Hassan, Jordan approved the national framework and implementation mechanism for developing green hydrogen projects in Aqaba. The government's decision includes the construction and financing of shared infrastructure in Aqaba, with the Ministries of Energy, Investment, and Finance set to evaluate extending incentives currently in place within the Aqaba Special Economic Zone to projects outside the zone. This approval aligns with Jordan's strategy for energy diversification and its overarching goal of attracting sustainable investments while positioning the country as a key player in the regional clean energy sector. By focusing on green hydrogen projects, Jordan aims to leverage its resources and geographic location to become a hub for clean energy initiatives, driving economic growth and environmental sustainability.
Topics
Green Hydrogen
Infrastructure Development
Sustainable Investment
Energy Diversification
Government Approval
Clean Energy Hub
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