“We remain optimistic and resilient. I think the word resilient here is very important. Jordan has seen many adversities, not in Jordan but in neighbouring countries,” explains Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.
“Tourism is basically the major sources of income to the Kingdom and the employer of tens of thousands of people. Jordan boasts many touristic sites like Petra, Jerash, Wadi Rum, Dead Sea and Aqaba. We believe that tourism is Jordan’s future in terms of revenue and prosperity,” explains Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.
“We believe that Jordan is far away from having realised its potential. That is great in business. If more foreign investors come here and show what we can do and how it can be a very important part of local development then that would also help. That is one of the jobs we are trying to do,” says Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
“Targeting an area such as the Pearl River Delta in China, which Shenzhen is part of, means you have to find a local partner. A local partner is not a commercial marketing company,” explains Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
“The main objective is to be an example for proving to the Jordanian government that Aqaba can be a great manufacturing location. That is something they didn’t believe at all and now they are starting to believe it,” says Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
“The vision of Aqaba, held by the authorities when we first came here, did not give an important role to industry,” explains Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
“We have been based in Aqaba for about 10 years. When we came to Aqaba it had about 80,000 people and today it has almost twice that number. The GDP of the city has also grown similarly over the past ten years,” says Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
In the decade that PBI Aqaba has been working in Jordan it has seen huge development; however Chairman and CEO Mr Sheldon Fink says that “Jordan is far away from having realised its potential and that is great for business.”
Marcopolis.net has compiled the ranking of the top banks in Jordan according to their market share. The banking sector in Jordan is considered one of the main pillars of the Jordanian economy. The top bank in Jordan is Arab Bank with a market share of 51.79% as of June 30, 2013.
Marcopolis.net has compiled the list of the top economic and industrial zones in Jordan and the institutions involved in their administration. Jordan has a number of economic and industrial zones that offer attractive incentives…
