AMMAN, June 7 (KUNA) -- A Jordanian official revealed Saturday that Kuwaiti investments in the Aqaba Special Economic Zone Authority (ASEZA) reached about USD 400 million.
Executive Chairman of the Aqaba Development Corporation (ADC), Emad Fakhoury told KUNA on the sidelines of a memo signing ceremony with another Jordanian company that Kuwaiti investments were important in Jordan, saying most investments concentrated in the field of logistic transportation of goods.
He indicated that ASEZA was working on providing assistance to current and future investments in the Aqaba area in cooperation with National Real Estate Company (NREC) of Kuwait.
ADC signed with Jordanian Company for Reconstruction (Ta'amer) a USD 2.1 billion deal to develop a tourism project in Aqaba. (end) ab.mah.gta KUNA 071757 Jun 08NNNN