Recently, an Abu Dhabi consortium of companies called Al Maabar has won the bid to relocate and manage the Aqaba port for 30 years and expand the existing ferry terminal which receives about 1.3 million passengers and thousands of trucks and cars coming from across the shore in Egypt.
Another relocation is also scheduled; it would place the port near the southernmost part of the province near the Saudi Arabian border.
[4] It is the primary gateway for the Jordanian market, and a crucial transit point for cargo moving between countries in the region.
The ACT is a joint venture between Aqaba Development Corporation and APM Terminals under a 25-year build-operate-transfer agreement that was signed in 2006.
[5][6] A terminal expansion project completed in October 2013 added 460 metres (1,510 feet) to the existing quay to create a total quay length of one kilometre (0.62 miles), increasing the annual container throughput capacity to 1.3 million TEUs.