Jordanian Ministry of Transport announces five-year public transportation strategy for 2022 to 2027
The ministry stated that it will be forming partnerships with the private sector to close a significant funding gap for transportation projects
AMMAN: The Jordanian Ministry of Transport has announced a five-year public transportation strategy for the years 2022 to 2027, Jordan News Agency (Petra) reported on Wednesday.
The ministry's goal is to increase the sector's employment by 18 percent and increase its current GDP contribution from 2.6 percent to 7 percent in that time.
The ministry also said in a statement that it will collaborate with its partners at the World Bank and the European Union to align its new five-year strategy with the recently released Economic Modernization Vision recommendations.
As the strategy sources additional funding, the ministry stated that it will be forming partnerships with the private sector to close a significant funding gap for transportation projects.
The strategy also aims to cut down on the use of cars, increase the percentage of people who use public transportation from 12 to 17 percent, and reduce household spending on transportation to 5 percent.
It also aims to reduce the cost of losses caused by traffic accidents by 35 percent, the energy used by the transportation industry by 7 percent, and the emissions produced by the industry by 125 percent.