Aqaba Special Economic Zone Authority
The Aqaba Special Economic Zone (ASEZ) was launched in 2001 as a duty-free, low tax and multi-sector development zone offering global investment opportunities in a world class business environment ranging from tourism to recreational services, from professional services to multi-modal logistics, from value-added industries to light manufacturing. The ASEZ covers an area of 375 Km2 encompassing the total Jordanian coastline (27 km), the sea-ports of Jordan, an International airport operating under an Open Skies airport policy and the historical city of Aqaba with a current population of 140,000 people.
The Aqaba Special Economic Zone Authority (ASEZA) is the statutory institution empowered with regulatory, administrative, fiscal and economic responsibilities for the ASEZ. ASEZA is deeply committed to creating and preserving Aqaba as a competitive international investment location. ASEZA maintains a streamlined investment environment and encourages private sector participation in all aspects of the zone’s development and operations.
ASEZA and the Government of Jordan launched at the beginning of 2004, the Aqaba Development Corporation (ADC) to be the central development corporation for ASEZ. ADC is mandated to develop ASEZ; build new infrastructure and required superstructure, or expand existing ones; create business enablers for ASEZ; and manage/operate its key facilities ; all through maximizing attraction of private sector developers/operators. ADC has also the responsibility to implement the ASEZ Master Plan in a manner that ensures integrated development and transforms Aqaba into a leading business and leisure hub on the Red Sea.
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