An investment opportunity to establish a conference and exhibition center in Aqaba
Amman Today
publish date 2023-07-15 16:43:01
The Ministry of Investment has offered, through its electronic platform, an investment opportunity to establish an advanced and innovative exhibition center in Aqaba, with the aim of shedding light on the city as a center of attraction for the conference, meeting and exhibition tourism sector.
According to the platform, the expected investment volume is $24 million, and the project will be located on a land area of 170,000 square meters, with a total built-up area of 35,000 square meters. The Aqaba Development Company seeks to take advantage of the center to host no less than seven exhibitions per year.
The project will be located in the heart of the city of Aqaba, which is a strategic destination for conferences, meetings and exhibitions tourism, due to the presence of King Hussein International Airport, which provides a direct navigation line to 14 destinations (with four more destinations planned in the near future), in addition to the port of Aqaba, which acts as a gateway strategy for the region and territory.
The project will also be located within the Aqaba Special Economic Zone, where it will benefit from a very attractive investment environment, including distinctive investment incentives represented by customs exemptions and income tax reductions.
This project will establish a permanent space for high-quality exhibitions and conferences, capable of hosting many events each year, serving a wide range of industries and sectors, in addition to meeting the needs of promising exhibitions and conferences events in Aqaba.
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Jordan News
Source : اخبار الاردن