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Jordan mulls Aqaba Railway privatization.
(From MENA Business Reports)
The Jordanian government will review a proposal early next year to restructure the state-owned Aqaba Railway Corporation (ARC) into a public company which will operate on a commercial basis. The move will prepare the Corporation for privatization in 2005, reported Jordan Times.
ARC provides rail service from phosphate mines owned by the Jordan Phosphate Mines Company (JPMC) at El Abiyad, El Hassa, Eshidiya. About 2.8 million ...
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