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La_Serpiente Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-04 07:40 AM
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Jordan, UAE invest in arms
Jordan, UAE invest in arms

Jordan and the United Arab Emirates have signed a $25 million deal to set up a factory in Jordan to produce an unspecified type of military vehicle starting in June, the pro-government daily Al-Rai said last Saturday.

The agreement was signed by the King Abdullah II Center for Design and Development, which makes military equipment, and the UAE’s Bin Jabr Group.

The factory is due to go into production in June and is expected to make 500 “military vehicles” over the next four years, at a cost of $75,000 each.

After the first four years the factory is scheduled to produce 1,000 vehicles a year.

The vehicles will be sold to Jordan, the UAE, and other Arab countries.

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Jordan, UAE invest in arms
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