Project Objectives

National Real Estate Co. Jordan (NREC Jordan)was established in 2006 as a private shareholding company with a registered capital of nearly US37$ million, and is owned 0/070 by National Real Estate co. Kuwait (NREC) and 0/030 by Aqaba Development Corporation (ADC) of Jordan. Operating in the Aqaba Special Economic Zone (ASEZ) in Jordan, NREC Jordan is responsible for developing two major real estate projects with a total area of 2 million square meters namely: The South Project and The North Project. Is a gated opportunity, fully serviced by infrastructures and customs utilities and utility management services. Current investments at NREC Jordan include the follwing sectors: Tobacco Processing. Food Processing. Cars / Automobile Armoring Chemicals Industries. Fertilizers Industries.

The South Project

South Aqaba Investment Park is located 12 kilo meter south east of Aqaba city center and 6 kilo meter from Aqaba Containers Port. It is situated on the main highway that connects Aqaba with neighboring countries, such as Saudi Arabia, Iraq and Syria. The total area of the project is 1.5 million square meters and has been developed as a "Gated Business Park" with many investment incentives and supporting services.

Northern Project

This project is located 7 kilo meter north of Aqaba city center, 2 kilo meter east of King Hussein International Airport, with a total area of 540,000 square meters of developed land.This project will be developed for as a mixed-use project includes gated residential community with commercial and hospitality components. Development of the project is expected to start during the second half of year 2017 The Opportunities NREC Jordan offers are: Open lands. Covered Land with sheds. Built up Hangers. Office Space.