Aqaba: The Jordan Economic Forum (JEF) held a dialogue session dedicated to examining paths of development and modernization in the Aqaba Special Economic Zone, with the participation of Aqaba Special Economic Zone Authority (ASEZA) Chief Commissioner Shadi Al-Majali.
According to Jordan News Agency, Al-Majali stated that Aqaba will mark its 25th year as a special economic zone in three months, having undergone significant transformations over the years. He highlighted the city's evolution in terms of population, infrastructure projects, and its tourism and logistics ecosystem.
He outlined Aqaba's role as a central hub for three strategic projects. These include the National Water Carrier Project, a railway project linking industrial zones and mines to Aqaba's ports, and green hydrogen projects. He noted that one company has completed its studies for the hydrogen project and is expected to sign an agreement soon.
Al-Majali mentioned the start of "Riviera Heights" at Marsa Zayed, which includes constructing four towers and rehabilitating a beachfront. Efforts are also underway to redevelop the cruise terminal and complete the first phase of the Aqaba Formula circuit by mid-2026, alongside an aircraft museum near the airport.
He emphasized ASEZA's commitment to developing sports and recreational facilities, including an Olympic-standard shooting club, and enhancing educational and service infrastructure. ASEZA plans a comprehensive airport upgrade within six months to prepare for global operation, including modernizing facilities and developing surrounding lands for industrial purposes.
Al-Majali stressed the need for precise management and community engagement as Aqaba enters a new phase, ensuring the city remains an economic and tourist hub. He noted the harmony between tourism, trade, logistics, and the local community as vital to Aqaba's development.
He highlighted Aqaba's economic contributions, such as handling 4,000 trucks daily, facilitating 75% of Jordan's imports and exports, and accommodating 30 ships simultaneously.
Chairman of JEF Board of Directors Mazen Homoud described Aqaba as a key economic growth hub, crediting effective administration and royal attention for its momentum. He emphasized the importance of public-private partnerships in maximizing Jordan's economic potential, with the forum committed to monitoring Aqaba's developments in cooperation with ASEZA.