ASEZA, JICA sign technical assistance agreement

2. Aqaba Container Terminal (ACT) copy
(File photo: Jordan News)
AMMAN — A technical assistance agreement was signed on Tuesday by the Aqaba Special Economic Zone Authority (ASEZA), the Aqaba Development Company, and the Japan International Cooperation Agency (JICA), with an aim to help the authority modernize the master plan of the southern coastal city, according to the Jordan News Agency, Petra. اضافة اعلان

The project, which will be carried out with support from the Japanese government, in collaboration and coordination with the Ministry of Planning and International Cooperation. The project entails formulating a vision, strategy, plan, and sectoral policy for urban social and economic development, according to Nayef Bakhit, ASEZA’s chief commissioner.

He emphasized that this will lead to increased investment opportunities in all development areas, including economic and social aspects, with a focus on land use efficiency.

Bakhit added that the project aims to strengthen ASEZA and Aqaba Development Company’s urban planning capabilities by incorporating the latest and best international practices, as well as bringing in international expertise, which will result in better procedure management and service delivery in the areas of real estate regulation and development.

Bakhit stated that the project is critical to accelerating Aqaba’s economic development and improving services for citizens and visitors, applauding JICA’s role in providing technical assistance to ASEZA through this project, which is set to begin in August 2022.

Miyahara Chie, JICA’s chief representative in Jordan, stated that JICA is proud to collaborate with the ASEZ and support its long-term growth goals. She went on to say that Aqaba can play a bigger role than envisaged, evolving into a significant export and import hub not just for Jordan but for the region, which will increase tourism potential, and serve as a critical location for water and energy security.

She noted that JICA has been active in Jordan’s northern region for the past few years, but is now looking forward to expanding its activities in the south, hoping that this project will become the cornerstone of JICA and the Authority’s activities for years to come. 

Read more Business
Jordan News