Aqaba Authority Reaffirms Investment Incentives, Strategic Partnership With Ayla

(MENAFN- Jordan News Agency)

Aqaba, Jan. 4 (Petra) -- Chairman of the Aqaba Special Economic Zone Authority (ASEZA) Shadi Majali reaffirmed the authority's commitment to providing an "attractive and competitive" investment environment under a package of incentives and facilitation measures, aimed at boosting Aqaba's competitiveness and attracting high-quality investments.
According to an ASEZA statement issued Sunday, Majali made the remarks during a meeting with Jordanian businessman Sabih Al-Masri and Managing Director of Ayla Oasis Development Company Sahl Dudin, as part of efforts to strengthen strategic partnership between ASEZA and major investment projects in Aqaba.
The meeting also aimed to support sustainable economic development and create new employment opportunities.
Discussions focused on enhancing cooperation prospects and ways to expand Ayla's role in supporting the tourism and real estate sectors, which would contribute to sustainable economic growth, and empower youth and local communities through quality, long-term job opportunities.
Participants noted these efforts align with Aqaba's vision as a "promising" investment destination and have helped attract strategic projects while reinforcing the city's regional and global position.
Talking at the meeting, Majali commended Ayla's "leading" role in developing Aqaba's tourism product and enhancing the city's competitiveness, as one of the key and strategic investment projects that has "significantly enriched" Aqaba's urban and economic landscape.
For his part, Dudin said Ayla is "proud of its strong partnership with ASEZA, which represents a successful model" of public-private sector integration in driving development and enhancing Aqaba's appeal as a global destination for living, working, and investment.
On its future vision, he added that the company remains committed to developing sustainable tourism and real estate infrastructure and expanding empowerment opportunities for youth and local residents.
Both sides affirmed continuation of joint close cooperation to further strengthen Aqaba's competitiveness at the regional and international levels, support sustainable development pathways, advance key economic sectors, and empower local communities within a balanced national economic vision.

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