
NAMC CEO in a CNBC Interview: Minerals Are the Backbone of the Global Economy, and Jordan Holds Great Potential
July 30, 2025
In a recent interview with Al Mamlaka TV, the CEO of the National Arab Mining Company and Downstream Industries (NAMC) emphasised the central role of the mining and investment sectors in Jordan’s Economic Modernisation Vision, describing them as key pillars for achieving sustainable development.
He pointed out that strategic and transformative industries currently contribute around 10% of the country’s GDP—underscoring the need to further develop this sector and enhance its global competitiveness. He also stressed that Jordan’s mining sector should not be narrowly defined by phosphate and potash alone, as the Kingdom possesses a wealth of untapped mineral resources capable of driving national economic growth.
Among the most significant initiatives stemming from the modernisation vision, he noted the strategic separation of the energy sector from the mineral resources sector—allowing for more focused policymaking tailored to the unique needs of each domain.
The CEO further highlighted that Jordan’s human capital is a driving force behind the advancement of the mining industry—not only locally, but across the region and globally—thanks to the expertise and capabilities of Jordanian professionals working in this vital field.