The Aqaba Development Corporation (ADC), the primary development arm of Jordan’s Aqaba Special Economic Zone (ASEZ), will host an exclusive investor event in Abu Dhabi titled ‘Aqaba – It’s Happening’. This initiative aims to attract high-profile investors to explore unparalleled investment opportunities in Aqaba, a prominent coastal city in Jordan.
Strategic Importance of Aqaba
Aqaba is not only a significant tourism destination but also serves as a vital logistical and commercial hub in the region. The city’s strategic location and robust infrastructure make it an ideal gateway for businesses looking to access diverse markets. Hussein Safadi, CEO of ADC, highlighted Aqaba’s appeal to leading UAE-based companies and its strong partnerships, including the AD Ports Group, which recently launched the first state-of-the-art cruise terminal in Aqaba.
Investment Opportunities
The event will provide investors with a comprehensive understanding of Aqaba’s new investment opportunities. Experts from ADC will present insights into various sectors, including:
- Sustainable Tourism: Emphasizing eco-friendly and adventure tourism.
- Film Production: Highlighting Aqaba and Wadi Rum as locations for major Hollywood productions.
- Technology: Opportunities in data centers, BPOs, gaming, and esports.
- Logistics and Transport: Investments in ports, airports, and ground transport.
- Industries: Including garments, food processing, pharmaceuticals, and metal fabrication.
- Agriculture: Focus on sustainable practices and smart city infrastructure.
Jordan-UAE Economic Relations
Jordan is the UAE’s third-largest Arab trading partner outside the GCC and the fifth most important trading partner globally. It accounts for 8% of the UAE’s total non-oil foreign trade with Arab countries, underscoring the strong economic ties between the two nations.
ADC’s Vision
Safadi emphasized Aqaba’s potential as a thriving business destination offering high returns on investment and long-term growth. “Aqaba promises investors not only a flourishing business environment but also a world-class lifestyle with excellent hotels and leisure choices,” he stated. The upcoming investor meet in Abu Dhabi aims to unlock new opportunities, building on the historic and strategic ties between Jordan and the UAE.
For more information on investment opportunities in Aqaba and to attend the ‘Aqaba – It’s Happening’ event, visit ADC’s official website.
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