‘Aqaba – It’s Happening’ will be held on June 25th at Erth hotel in Abu Dhabi
UAE’s the third largest Arab trading partner outside the GCC and the fifth most influential global trading partner, is welcoming investors in the country to leverage the unparalleled investment opportunities offered in its fastest-growing special economic zone, Aqaba.
To provide investors with detailed insights into this exciting investment value proposition, Aqaba Development Corporation (ADC), the central development arm of the Aqaba Special Economic Zone (ASEZ), is hosting an exclusive investor event in Abu Dhabi.
To be held on June 25th at Erth Hotel in Abu Dhabi, the “Aqaba – It’s Happening” roadshow will welcome dignitaries and high-profile investors to learn about the unparalleled investment opportunities in Jordan’s picturesque coastal city. Potential investors will join a community of forward-thinking leaders driving economic growth and development in one of the world’s most strategically located cities.
Building on His Majesty King Abdullah II’s vision to transform the coastal city into a world-class business, leisure, and logistic destination, ‘Aqaba— It’s Happening’ will provide an in-depth overview of investment opportunities in high-growth sectors, including trade, manufacturing, industries, tourism, clean energy, logistics, vocational education, and digital technologies.
The city is strategically located at the crossroads of two continents and is a seamless gateway to global trade. The Special Economic Zone offers investors a breadth of value-added Investment initiatives, including no foreign equity or foreign currency restrictions, tax incentives on corporate income and zero income tax on stored transit goods and re-export, zero custom duties, and a 50% discount on handling fees for containers exported from ASEZ. Investors can also benefit from a 40% discount on handling fees for transit goods.
Announcing the event, HE Hussein Safadi, CEO of ADC, said: “Aqaba already serves as an investment destination for many leading UAE-based companies, in addition to strong partnerships with AD Ports Group for the recent launch of the first state-of-the-art cruise terminal in the city. Building on the strategic and historic ties between Jordan and the UAE, ‘Aqaba – It’s Happening’ will provide investors from Abu Dhabi and beyond a comprehensive understanding of the new investment opportunities in Aqaba.”
Safadi added: “As a premier tourism destination and a regional trading hub, Aqaba promises investors a thriving business destination to access numerous markets effortlessly, as well as a world-class lifestyle with excellent hotels and leisure choices. As investors look to unlock new opportunities that bring higher returns on investment and long-term growth, the beach-front city serves as the go-to destination to expand their business reach and gain competitive incentives.” Aqaba serves as a significant logistical and commercial centre in the region.
Experts from ADC will provide insights on investments in sustainable tourism, adventure tourism, wellness tourism, and film production—Aqaba and Wadi Rum have been locations for several landmark Hollywood productions.
Investors can also explore investment opportunities in data centres and BPOs, gaming & esports, ports and airports, ground transport, industries such as garments, food processing, pharmaceuticals and metal fabrication, sustainable agriculture, and smart city infrastructure.
Today, Jordan is the UAE’s third-largest Arab trading partner outside the GCC, the fifth-most important trading partner globally, and the second-largest Arab partner after Saudi Arabia. Jordan accounts for 8 per cent of the UAE’s total non-oil foreign trade with Arab countries.
For more information on the roadshow and to register interest, contact: rsvp@aqaba.show