Arwa Hyari

CEO of Jordan Free & Development Zones Group

Q- Could you describe the Dead Sea Development zone?

The eastern shore of the Dead Sea in Jordan is truly one of the most attractive natural and spiritual sites in the world, where a new network of roads, hotels and archaeological sites is gathered. It lies about 423 meter below the sea level and is thus the lowest point on earth. Nowadays, it attracts tourists from all around the world as it attracted kings, emperors, merchants and prophets in the past.

The Dead sea uniqueness for global tourists attraction lies in the fact that it is not only the lowest point on earth; but it is the largest natural spa for the unique healing minerals it offers and for providing the highest percentages of natural oxygen.

 

Q- Where is the dead sea development zone located?

The Dead Sea Development Zone is around 55 km away from Jordan’s capital Amman and is located on the shores of the Dead Sea, which are considered one of the most attractive and historic areas in the world.

 

Q- What is the role of JFDZ?

The Jordan Free & Development Zones group undertakes the development of the zone within a master plan that depends on rehabilitating the areas under its responsibility according to a well-studied time plan. In that zone, this chain also included the existing projects on the shore of the Dead Sea as interacting parts within the new development chain.

“The tourism Development zones in Jordan provide an excellent opportunity for international investors to join the progress of establishing global tourism destinations in Jordan given the lucrative investment incentives provided by the government”

Q- Could you describe one project the group did in the development zone?

One of the most important parts of the Dead Sea development zone is the Corniche district or the sea promenade, located in the northern part of the Dead Sea, with a length of 2.1 km, and designated for small and medium-sized investments, with a total of sixty investment opportunities with land areas varying between one and seventeen dunums. investment opportunities plots were distributed and defining in a way that meets the aspirations of domestic tourism and the requirements of investors, especially local investors, in terms of areas and uses, so that investments are distributed gradually in line  with programs for designing and establishing infrastructure services.

 

Q- Can you tell us about the kind of Investment opportunities that the group offers?

The Dead Sea Development Zone attracts more than 200 investment opportunities in the following sectors: Construction and development of 3-star hotels, Served villas and hotel apartments, Therapeutic and spa resorts, health clubs, treatment and rehabilitation centers, Construction and development of 4-star and 5-star international hotels (on limited plots of land with large areas), Restaurants and cafés, Multi-use projects (including hotels, serviced hotel apartments, shops and restaurants), Stores and leisure facilities, Boutique Hotels

Q- What other facilities the group provide to the investors?

JFDZ had put forward an incentive offer for investment in the zone, which includes reducing the annual rent allowance up to (50%), in addition to facilities regarding payment terms, the terms of implementation and the timetable for completing the project.

 

Q- Ajloun represent the highest location in Jordan and host the first cable car Telefrik project which provide a diversified natural landscapes with the gorgeous mountains and forests of Ajloun. Can you tell us more about the project?

 

The cable car project (Telfrik) in Ajloun Governorate is considered one of the pioneering national projects that has received sublime royal patronage with the aim of contributing to the sustainable development of Ajloun Governorate, and highlighting it as a distinct tourist destination and destination with its scenic landscapes and monuments that blend originality and modernity.

The cable car project (Telfrik) in Ajloun will be about 2.5 km path viewing the castle of Ajloun and with 40 trolley that can be increased to 60 while the trolley can accommodate up to 8 people.

 

Q- Could you describe the investment opportunities in Al-Suwan development zone and the role of JFDZ?

Therefore, JFDZ took upon itself the responsibility of developing Al-Suwan development zone by forming the first nucleus for the development of the zone in particular and Ajloun governorate in general.

And that is through the establishment of the Ajloun cable car (Telfrik) project, in addition to all the support services and projects associated with it, including the cable car (Telfrik) station, the restaurant, the café and some shops in plot No. (36), the cable car (Telfrik) station and the seasonal market to market seasonal local products from agricultural and handicraft production, the restaurant and some shops in plot No. (43) as a project stimulating investment in the region, while JFDZ will provide forward  the rest of the project program business opportunities, which includes the hotel and conference center in Plot No. (36), and the eco-lodge in Plot No. (86) with its affiliate components to partner with the private sector as feasible investment opportunities.