Aqaba Development Corporation (ADC) was launched in 2004 with the objective of unlocking the potential of the Aqaba Special Economic Zone (ASEZ) by accelerating its economic growth and development.
Launched by ASEZA and the Government of Jordan, ADC owns Aqaba’s seaport, airport and strategic parcels of land as well as the development and management rights for these assets in addition to key infrastructure and utilities.
ADC is mandated to develop ASEZ through building new or expanding existing infrastructure and the required superstructure, creating business enablers for ASEZ, and managing or operating its key facilities. This will be achieved through maximizing the attraction of private sector developers and operators. ADC also has 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.
Aqaba’s strategic importance for those that have ruled over it stretches back centuries. ... Feb 23, 2015
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