Europe is changing how it produces and uses energy. To reduce pollution, it needs clean fuels, especially for factories, shipping, and heavy industries. Green hydrogen is one of these fuels. This shift is creating new investment opportunities, and Jordan—especially Aqaba—can be part of this growing market. For investors from Saudi Arabia and the United Arab Emirates, Jordan offers a stable and realistic place to invest in green hydrogen projects that can supply Europe.
Many countries in the region want to export green hydrogen. Saudi Arabia and the UAE are developing very large projects, but these take time and require massive spending. Oman has a good renewable energy potential but still needs to build much of its infrastructure. Egypt is close to Europe, but investors often face complicated rules and financial risks. Jordan takes a different approach by focusing on smaller, clearer projects that can move faster.
Over the last ten years, Jordan has attracted more than USD 3 billion in private renewable energy investment. Companies such as Masdar and ACWA Power have already invested in Jordan, showing confidence in its legal system and investment climate.
Aqaba is central to this opportunity. It is Jordan’s only port and already trades directly with Europe. Aqaba operates as a special economic zone under the Aqaba Special Economic Zone Authority. This allows full foreign ownership, long-term land leases, tax incentives, and faster approvals, making it easier for international investors to operate.
Financing is another key advantage. Large green hydrogen projects often rely on international climate finance institutions. The Green Climate Fund supports projects that reduce emissions and follow strict environmental and social rules. It provides grants, low-cost loans, and risk-sharing tools, but requires strong governance, transparency, and sustainability standards. Similarly, the European Bank for Reconstruction and Development invests in clean energy and infrastructure projects that meet clear legal, environmental, and procurement rules. Jordan already works closely with these institutions, which increases investor confidence and lowers financial risk.
Challenges remain. Green hydrogen needs strong infrastructure. The electricity grid must be expanded, ports need special equipment, and hydrogen production requires clean water. Jordan is one of the most water-scarce countries in the world, so desalination projects are essential. These projects are planned, but investors still need clearer timelines and costs.
There are also regulatory gaps. Jordan is still developing specific laws for hydrogen, covering safety, water use, and exports. The government is working on a national framework to close these gaps and provide clarity.
For Saudi and UAE investors, Jordan and Aqaba offer safety, stability, and access to Europe. The opportunity is not only to invest, but to help build a new clean export sector supported by international finance and clear rules, benefiting both Jordan and the region.
