Amman, June 7 (Petra) — The Jordan Valley Authority and the Jordan
Cooperative Corporation signed a memorandum of cooperation Sunday
aimed at supporting agricultural cooperatives and strengthening their
role in achieving sustainable agricultural development.

The agreement is based on a Cabinet decision allocating 4,000 dunams
of land in the Ridan al-Aqiliya area of Aqaba Governorate for
development projects to be implemented by agricultural cooperatives.

According to a statement issued by the Ministry of Water and
Irrigation, the memorandum was signed by Jordan Valley Authority
Secretary-General Hisham Hayseh and Jordan Cooperative Corporation
Director-General Abdul-Fattah Shalabi.

Hayseh said the memorandum reflects the level of cooperation and
integration between the two institutions in supporting the
agricultural cooperative sector. He noted that the land allocation
will enable cooperatives to implement economically viable productive
and development projects that promote sustainable agricultural
investment, improve resource-use efficiency, strengthen food
security, and create employment opportunities for local communities.

For his part, Shalabi said the corporation will oversee procedures
related to the utilization of land allocated to agricultural
cooperatives, monitor compliance with the applicable terms and
conditions, and provide the necessary technical and administrative
support, as well as training and capacity-building programs.

He added that these measures will help enhance the efficiency of
cooperative operations and enable cooperatives to fulfill their
developmental, economic, and social roles.

Under the memorandum, the two sides will regulate mechanisms for the
use of land allocated to agricultural cooperatives without
transferring ownership. The agreement also defines the
responsibilities of each party to ensure optimal investment of the
land and provides for the technical and administrative oversight
required to support project implementation and achieve the targeted
development objectives.

//Petra// AJ