The transport ministry of the country is also planning to build a nationwide rail network. Credit: Sofia via Pixabay.

Jordan has announced two construction projects for investors, which together are worth approximately Jd554m ($780m), as per an official report.

The projects include a tourist village and a sports city in Jordan’s coastal city of Aqaba, reported Zawya.

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As part of its economic stimulation plan, the Ministry of Investment in the country has presented these developments as part of its ‘Invest in Jordan’ platform.

The first project will involve the construction of a tourist village in Aqaba’s Southern Red Sea port, reported the news publication, citing the Arabic-language Alghad newspaper, as well as other Jordanian publications.

The tourist village will be developed with an initial investment of approximately Jd401m.

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The second project will involve the development of a sports city with an investment of roughly Jd153m.

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This project, which will be constructed on a 400,000m² area, will also feature the construction of three hotels and restaurants, along with other facilities.

Meanwhile, Jordan’s Ministry of Transport has unveiled plans for the construction of a nationwide rail network to connect with neighbouring countries’ rail systems.

The ministry said that approximately 95% of the project’s initial study is finished, according to a report published by the Al-Rai newspaper.

A joint venture between the government and the private sector will undertake the construction of 1,000km of rail lines.

The project involves 120km/h passenger and freight trains, initially connecting to rail networks in Iraq, Syria, and countries within the Gulf Cooperation Council union.

Future plans include extending this rail link to Europe and Asia.