Amman:The Jordan Phosphate Mines Company (JPMC) and Uzbekistan have agreed to establish a joint phosphate feed additives plant in Uzbekistan. This decision was made following a meeting at JPMC's headquarters in Amman between JPMC Chairman Mohammad Thneibat and Uzbek Minister of Investment, Industry, and Trade Laziz Kudratov.
According to Jordan News Agency, Uzbekistan will send a technical delegation to JPMC next week to finalize the technical requirements for the new facility. The discussions also included broader investment opportunities in phosphate fertilizer manufacturing, aiming to leverage Uzbekistan's resources like sulfur, ammonia, and natural gas, alongside JPMC's technical expertise and production capabilities.
Thneibat expressed JPMC's readiness to share technical expertise, initiate joint ventures, and expand its global presence, aligning with royal directives to enhance international partnerships. JPMC CEO Abdel Wahab AlRowwad highlighted the company's strategic plans for expansion, focusing on downstream industries and strengthening regional and international partnerships.
Kudratov praised Jordan's advanced mining sector and JPMC's technical capabilities, showing a commitment to enhancing bilateral relations. He also emphasized Uzbekistan's mining sector and investment opportunities, mentioning the potential to expand industrial cooperation, exchange expertise, and establish joint investment projects with JPMC.