2019 proves a successful year for ACT despite industry challenges – ZAWYA

  • Date: 09-Mar-2020
  • Source: Zawya
  • Sector:Industrial
  • Country:Jordan
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2019 proves a successful year for ACT despite industry challenges – ZAWYA

The first two months of 2020 have confirmed the trend with a growth in import container volumes of 13% and in export container volumes of 6%.. Aqaba, Jordan :Aqaba Container Terminal, the preferred gateway to Jordan and beyond, showed strong resilience in 2019 in the face of challenging local economic context and a strong start in 2020 which is indicative of Jordan's improving business context.. The business improvement is noticeable since the second half of 2019, as indicated by IPSOS Jordan Consumer Confidence Index for the last quarter of 2019 (up 3 points), and ACT volume growth recording 3.4% growth for the period of August to December compared to previous year.. The terminal's strategy to promote AQABA as a gateway to Iraq and the wider Levant delivered a sharp increase in containers to Iraq (up 367% compared to previous year), and contributed to the positive results recorded for the past few months.. Jordan is the ICRC's main logistics hub, and our warehouses are able to cover the humanitarian needs of the entire region, from Gaza to Erbil, and Syria to Yemen.. The contents of the press release was provided from an external third party provider..