A&O Shearman acts on major UAE‑Jordan railway infrastructure deal

 A&O Shearman has advised L’imad Rail and Etihad Rail PJSC on the establishment of the Jordanian Emirati Rail Company, a joint venture with strategic Jordanian investors to develop a national freight rail network in Jordan. The approximately USD2.3 billion project encompasses the financing, construction, operation, and maintenance of a 360‑km railway linking Aqaba port to Jordan’s key phosphate and potash production sites.

This landmark joint venture further advances the USD5.5 billion investment framework between the UAE and Jordan, reflecting the two countries’ commitment to infrastructure-led economic growth and regional connectivity.

The A&O Shearman team comprised David Foster (managing partner, META), Ibrahim Mubaydeen (managing partner, Abu Dhabi), Elliott Sawford (partner), Grace Hunt (senior associate), Cameron Griffiths (senior associate) and Gartan Tracey (senior associate).