Top Economic and Industrial Zones in Jordan
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…
Top Economic and Industrial Zones in Jordan
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 to investors with a view to encouraging development and prosperity and creating employment in the country as well as helping Jordan to become a regional hub for business and tourism.
Top Economic and Industrial Zones in Jordan
| Company | Country | Area | Description |
|---|---|---|---|
| Jordan | Investments | ASEZ was established in 2001 and covers an area of 375,000m2 including 37km of coastline, sea ports and an international airport. It was ranked 20th in the Top 50 Free Zones of the Future for the year 2012-2013 by the FDI Magazine. The Aqaba Special Economic Zone Authority (ASEZA) was created to develop and manage ASEZ as a world class Red Sea Business hub and leisure destination that will improve the quality of life of the community through sustainable development of the economy. ASEZA works to make ASEZ a competitive international investment location. |
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| Jordan | Investments | PBI Aqaba Industrial Estate LLP is a partnership registered in the United Kingdom that develops and manages Aqaba International Industrial Estate (AIIE) under a concession contract with the Jordanian government. Its partners are from the US, UK, and Turkey. The company has marketed land areas of approximately 700,000m2. Total investment to date exceeds $300 million. The Industrial Estate has created 1,000 new jobs as of now and, when fully occupied, will provide jobs for over 3,000 employees. Interview: PBI Aqaba Industrial Estate Is Successfully Proving Jordan’s Manufacturing Potential |
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| Jordan | Investments | Jordan Development Zones Company (JDZ) was established in 2010 as the master developer of the Dead Sea Development Zone and the Jabal Ajloun Development Zone. The JDZ works to encourage the private sector to participate in the development of both zones under special commercial terms and conditions. The development of both of these zones is with a view to enhancing the development prospects, tourism revenue and economy of Jordan. | |
| Jordan | Investments | The DFZC is the entity that is financially and administratively responsible for creating, regulating, facilitating and monitoring the Development Zones in Jordan. It was founded in 2008 and aims to increase investment in the Kingdom of Jordan by empowering the private sector to invest in the zones and in so doing encourages economic growth and improved living standards. | |
| Jordan | Investments | The Jordan Investment Commission (JIC) was founded in 2014 as part of the Jordanian government’s efforts to streamline and unify the country’s major government investment institutions. It takes over from the Export Promotion Department of the Jordan Enterprise and Development Corporation (JEDCO), the Development and Free Zones Commission and the Jordan Investment Board. This new body aims to reduce governmental bureaucracy, strengthen the incentives to potential investors and to provide a one-stop service via an “investment window”. | |
| Jordan | Investments | Aqaba Development Corporation (ADC) was launched in 2004 with the aim of unleashing the potential of the ASEZ by accelerating its economic growth and development. It was launched by the ASEZA and the Jordanian government. The ADC owns Aqaba’s seaport, airport and strategic parcels of land as well as important infrastructure and utilities. It also has the development and management rights for these assets. Interview: Business Hub on the Red Sea – Aqaba |