Aqaba Development Corporation (ADC), the central development arm of Jordan’s Aqaba Special Economic Zone (ASEZ), said it will host an exclusive investor event in Abu Dhabi to attract investments in the region.
The meet is slated to be held on June 25.
The roadshow, titled ‘Aqaba – It’s Happening’, will welcome dignitaries and high-profile investors to learn about the unparalleled investment opportunities in Jordan’s picturesque coastal city of Aqaba.
Hussein Safadi, CEO of ADC, said Aqaba already serves as an investment destination for many leading UAE-based companies, in addition to strong partnerships with AD Ports Group for the recent launch of the first state-of-the-art cruise terminal in Aqaba.
“Building on the strategic and historic ties between Jordan and the UAE, ‘Aqaba – It’s Happening’ will provide investors from Abu Dhabi and beyond, a comprehensive understanding of the new investment opportunities in Aqaba,” he said.
Safadi said as a premier tourism destination and a regional trading hub, Aqaba promises investors not only a thriving business destination to access numerous markets effortlessly, but also a world-class lifestyle with excellent hotels and leisure choices.
“As investors look to unlock new opportunities that bring higher returns on investment and long-term growth, Aqaba serves as the go-to destination to expand their business reach and gain competitive incentives,” he said.
Aqaba also serves as a significant logistical and commercial center in the region.
Experts from ADC will provide insights on investments in sustainable tourism, adventure tourism and wellness tourism, as well as on film production – with Aqaba and Wadi Rum serving as the locations for several landmark Hollywood productions.
Investors can also explore investment opportunities in data centers and BPOs, gaming & esports, ports and airports, ground transport, industries such as garments, food processing, pharmaceuticals and metal fabrication, as well as in sustainable agriculture and smart city infrastructure, among others.
Jordan is currently the UAE’s third-largest Arab trading partner outside the GCC, the fifth-most important trading partner globally and the second-largest Arab partner after Saudi Arabia.
The country accounts for 8 per cent of the UAE’s total non-oil foreign trade with Arab countries.