logo

JFDZG highlights investment zones at Aqaba-hosted Transport Middle East Expo

Jordan Times21-04-2025
AMMAN — The Jordan Free and Development Zones Group (JFDZG) on Sunday participated in the Transport Middle East 2025 Exhibition and Conference, held in Aqaba, in partnership with the Aqaba Development Corporation and with the support of the Aqaba Special Economic Zone Authority and APM Terminals.
As the region's 'leading' annual forum for the ports, transport, and sustainable logistics sectors, the event attracted more than 300 industry leaders and experts from Europe, the Middle East, and Africa, the Jordan News Agency, Petra, reported.
The conference served as a 'key' platform for discussing global trends in trade, connectivity and logistics innovation.
JFDZG's participation focused on promoting the diverse investment opportunities available across its network of free and development zones, which include the Queen Alia Airport Free Zone, Zarqa Free Zone, Al Muwaqqar, Al Karama, Sahab, and Karak.
These zones are among Jordan's "most competitive" destinations for regional and international investors.
The group also highlighted Jordan's emerging role as a regional hub for transport and logistics, especially in light of Aqaba's "ongoing" transformation into a global gateway.
With its strategic location on the Red Sea, Aqaba is positioned as a "vital" entry point to Jordan and the broader Levant region.
Officials from the group stressed the significance of integrated logistics infrastructure and 'streamlined' investment processes in enhancing the competitiveness of Jordan's free and development zones.
They also underscored the group's commitment to supporting national economic growth by attracting foreign direct investment and fostering regional trade.
Page 2
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ajloun Cable Car Offers 25% Discount for Amman Summer Festival Visitors - Jordan News
Ajloun Cable Car Offers 25% Discount for Amman Summer Festival Visitors - Jordan News

Jordan News

time2 days ago

  • Jordan News

Ajloun Cable Car Offers 25% Discount for Amman Summer Festival Visitors - Jordan News

The Jordan Free and Development Zones Group announced its participation in the Amman Summer Festival, which kicked off last Friday at Al Hussein Gardens, through a dedicated booth showcasing the Ajloun Cable Car—one of the group's most prominent tourism projects. This initiative is part of the group's ongoing support for national and tourism-related events. اضافة اعلان In a statement, the group unveiled a special offer of a 25% discount on cable car ticket prices, available exclusively to festival visitors. The offer is being presented in cooperation with the Greater Amman Municipality and will be valid for one week only. The group invited all festival attendees to visit the Ajloun Cable Car booth to take advantage of this special discount, which aligns with its efforts to promote domestic tourism and highlight Jordan's key tourist destinations. This initiative reflects the group's commitment to supporting tourism and cultural events across Jordan and strengthening cooperation with local stakeholders to provide exceptional experiences for visitors from both inside and outside the Kingdom. — (Petra)

11 stalled projects in Dead Sea worth JD58 million closed
11 stalled projects in Dead Sea worth JD58 million closed

Ammon

time14-05-2025

  • Ammon

11 stalled projects in Dead Sea worth JD58 million closed

Ammon News - Chairperson of the Board of Directors of the Jordan Free and Development Zones Group, Sakher Ajlouni, said that the group has completed all 11 stalled projects and investment agreements in the Dead Sea since 2011, as part of its ongoing efforts to improve the investment environment and prepare the region for new and qualitative development opportunities. Ajlouni explained that the group conducted a comprehensive review of these projects and contracts, and dealt with them within legal frameworks, by offering facilities, granting time periods to rectify the situation, or terminating contracts by mutual consent without incurring any financial losses. Director General of Development Zones, Mohammad Al-Wakid, noted that the number of projects dealt with reached 11, with an estimated value of approximately JD58 million. These projects ranged from lease-to-own contracts to sale-to-development contracts, including two projects on which work has resumed. These stalled projects were resolved through various means, including settlement, amicable termination, annulment of agreements, or contract termination, all while fully adhering to the preservation of the state's rights and in accordance with legal frameworks, which required significant efforts in monitoring and coordination, Al-Wakid explained. He also pointed out that there are five major tourism projects currently under implementation, some of which have been inaugurated, while others are nearing completion, as part of a clear implementation plan and in cooperation with relevant authorities.

Government Allocates Sites for Establishing Four Gaming and E-Sports Centers as Part of the Creative Industries Initiative
Government Allocates Sites for Establishing Four Gaming and E-Sports Centers as Part of the Creative Industries Initiative

Jordan News

time30-04-2025

  • Jordan News

Government Allocates Sites for Establishing Four Gaming and E-Sports Centers as Part of the Creative Industries Initiative

Government Allocates Sites for Establishing Four Gaming and E-Sports Centers as Part of the Creative Industries Initiative The government has designated locations for the establishment of four gaming and e-sports centers as part of a dedicated project in this domain. It has signed memorandums of understanding with Aqaba Development Corporation to attract an investor in Aqaba Governorate, and with Yarmouk University to attract an investor in Irbid Governorate. اضافة اعلان According to a report by the Jordan News Agency (Petra), featured in the Q1 2025 Executive Program for the Economic Modernization Vision 2023–2025, under the creative industries sector, the government has contracted an operator to design and manage two pioneering centers in the southern and northern regions as part of the technology centers initiative. In the film production sector, the government has updated its study on the economic impact of incentives offered to audiovisual production projects. It has submitted a revised version of the financial rebate framework—commonly known as production incentives—for approval and implementation. — (Petra)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store