Project Objectives

• Support the development process and diversify the tourism product Of Aqaba .

• Create permeant job opportunities.

• Open new tourists markets and maximize the use Of the beach.

• Utilize the site's history, its terrain and its view.

• Maximize competitiveness and attractiveness Of the zone.

  Project Description

The project in all its phases encompases an area Of 2500 donums. This unique tourist and recreational resort on consisting Of the following:

Each of the above listed is an independent investment opportunity ranging between JD 10 million to JD 100 million.

  Investment Format

• Implementation of the infrastructure, lake, panoramic elevators and upper Corniche through the Aqaba Development Corporation (ADC).

• Division of the site lands into various investment opportunities such as hotels, beach club, and residential units, commercial and recreational buildings.

• As well as offering the marina and the cable car as a single investment opportunity (offering individual investment opportunities to increase investment capability).

• The project was presented as an investment opportunity for the (B.O.O) contract for interested investors under the supervision of the ADC The idea Of partnership between investor and ADC can be considered.

  Geographical Location 

Strategically located at a height of 160 m above sea level, it is separated from the beach by the coastal road only within the development zone of the resorts, 6 km from the city center and 15 km from the new lands of Aqaba. It is bordered from the north by Marsa Zayed project and has a beautiful view on the Gulf of Aqaba and the surrounding countries.

  Estimated Cost

• infrastructure (by ADC) : 70 million JD.

• total Of investment opportunity:700 million.

• Marina and Facilities:50 Million JD.

  Current Status

• The tender for supplying water was awarded and construction is already on going through the Aqaba Water Company, which is current y under implementation.

• The tender for the earthworks was awarded.

• Infrastructure and roads are in the design process.