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Welspun Corp’s board approves investment of up to $125 million for spiral pipe facilities in Jordan
Oct-30-2026

Welspun Corp’s board has approved total project investment of up to around $125 million in Jordan, to be funded in around 50:50 proportion by each of the two partners (the company and Perma-Pipe), towards establishing spiral pipe manufacturing and coating facilities in Jordan. Earlier, the company together with Perma-Pipe International Holdings (Perma-Pipe), had signed, a Memorandum of Understanding (MOU) with the developers of Jordan’s National Water Carrier Project and the Government of the Hashemite Kingdom of Jordan to advance the development of pipe manufacturing and advanced coating facilities in Jordan. Under the terms of the MOU, Perma-Pipe and the company partnered to establish an integrated pipe manufacturing and coating platform in Jordan.

The proposed facilities will manufacture and coat pipes in range of 24” to 120”. The proposed facilities will be capable of serving major water, oil and gas, energy, and infrastructure projects in the Kingdom and across surrounding regional markets. The partnership is expected to bring together the company’s large-diameter steel pipe manufacturing capabilities and Perma-Pipe’s expertise in anti-corrosion coating systems designed to protect pipelines from corrosion and extend service life, engineered piping solutions and project execution expertise.

The partnership is intended to create a strategically located regional manufacturing hub that can support large-scale infrastructure programs, strengthen regional supply chains, increase local value creation and develop skilled technical capabilities in Jordan. Over time, it could also support infrastructure development and reconstruction requirements in Syria, Lebanon, Iraq and Gaza, as well as potential future opportunities associated with the development and rerouting of regional oil and gas infrastructure toward the Port of Aqaba.

Welspun Corp, flagship company of Welspun Group, is primarily engaged in the business of manufacture and distribution of steel products and others (including plastic products).

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