Dead Sea investment incentives extended

AMMAN — The Jordan Free and Development Zones Group on Monday called on investors to take advantage of the investment opportunities up for grabs in the Dead Sea Development Zone. اضافة اعلان

In a statement on Monday, the group said: “The group offers facilitations to stimulate investment and develop land plots in the Dead Sea Development Zone, which include extending the extension of the group’s incentivized investment offer until March 2022.”

The offer in question stipulates clear start dates and terms for development contracts, which can last for up to 30 years, and can be subject to renewal, the statement said, noting that the deal also entails slashing leasing rates by up to 50 percent.

The area of lands covered by the offer ranges from 1 dunum to 50 dunums, allocated for the development of touristic projects, including hotels of different ratings, according to the statement.

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