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King outlines new Jordanian projects

by CW Staff on Jul 1, 2009

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Jordan's King Abdullah has high hopes for the tourist industry in Ajloun province.
Jordan's King Abdullah has high hopes for the tourist industry in Ajloun province.

Jordan’s King Abdullah has announced a series of major developments being planned in the province of Ajloun, north-west of the capital, Amman.

Among the projects is the establishment of the Ajloun Special Development Zone, which officials say should attract billions of dollars worth of investment, according to a report in the Jordan Times newspaper.

The zone will include 24 proposed tourism projects, including a ‘tourism city’ with 900 hotels, restaurants and other entertainment facilities.

The Jordanian environment minister, Khalid Irani indicated that the tourism city alone was expected to attract around US $1 billion in investments, as well as creating over 3,000 jobs.

Prime Minister Nader Dahabi also indicated that a tender will be floated next month for the construction of a dam in the Kufranjeh area, with the $28.2 million (JD20 million) project set to start next year.

Jordan has become an attractive investment destination for Gulf companies, who are pouring money expertise into projects such as the mammoth redevelopment of the port city of Aqaba. Elsewhere in the Levant state, the Mafraq Development Corporation has been inviting bids for the King Hussein Bin Talal Development Area.

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