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Jordan mulls Aqaba Railway privatization.

Asia Africa Intelligence Wire

| October 02, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(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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