(ANSA) - Aqaba, April 10 - The Aqaba Development
Corporation (ADC), the central development arm of the Aqaba
Special Economic Zone Authority (ASEZA), has signed a memorandum
of understand (MoU) with the Aqaba Hotel Association under the
patronage of ASEZA Chief Commissioner Kamel Mahadin.
ADC CEO Ghassan Ghanem signed the agreement on behalf of
ADC, while Salah Alden al Bitar, Chairman of the Aqaba Hotels
Association, signed on behalf of his organization.
The aim of the agreement is to create 10 new three-star hotels with an estimated investment value of 60 million Jordanian dinar (DOR).
Mahadin noted that these new hotels will greatly enhance the tourism product and services Aqaba offers visitors.
"This a great step towards the development of tourism in Aqaba by the public sector and prominent investors in the (private) sector," said Mahadin. "ASEZA's master plan caters for the needs of the tourism sector; 50% of investments in Aqaba are to be in tourism and this shows how much we prioritize branding Aqaba as an international investment hub. "Three-star hotels are needed to diversify our tourism product to cater for different types of tourists". Ghanem noted that: "this agreement comes as part of ADC's commitment towards developing the tourism sector".
He explained that such hotels will boost domestic and regional tourism. Located adjacent to the southern beach with a number of well-served beaches close, this investment will utilize a prime location, create job opportunities and support Aqaba as a tourism destination. Salah al Bitar said that he was pleased with ASEZA's and ADC's efforts and the high level of cooperation and considered this a great example of a public-private partnership.
The aim of the agreement is to create 10 new three-star hotels with an estimated investment value of 60 million Jordanian dinar (DOR).
Mahadin noted that these new hotels will greatly enhance the tourism product and services Aqaba offers visitors.
"This a great step towards the development of tourism in Aqaba by the public sector and prominent investors in the (private) sector," said Mahadin. "ASEZA's master plan caters for the needs of the tourism sector; 50% of investments in Aqaba are to be in tourism and this shows how much we prioritize branding Aqaba as an international investment hub. "Three-star hotels are needed to diversify our tourism product to cater for different types of tourists". Ghanem noted that: "this agreement comes as part of ADC's commitment towards developing the tourism sector".
He explained that such hotels will boost domestic and regional tourism. Located adjacent to the southern beach with a number of well-served beaches close, this investment will utilize a prime location, create job opportunities and support Aqaba as a tourism destination. Salah al Bitar said that he was pleased with ASEZA's and ADC's efforts and the high level of cooperation and considered this a great example of a public-private partnership.
