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Mahadin describes Aqaba as ideal solution for regional transportation and trade

By JT - Nov 27,2012 - Last updated at Nov 27,2012

AQABA — Aqaba Special Economic Zone Authority (ASEZA) Chief Commissioner Kamel Mahadin described Jordan’s port city as a regional ideal solution for transportation and trade.

According to a press statement sent to The Jordan Times by Polaris public relations agency on Tuesday, he told a seminar this month that the investment scene in Aqaba is strong and that with development projects moving forward as planned, it is up to the media to promote it as such.

Besides the role of the press as promoters of investment, Mahadin credited the efforts by His Majesty King Abdullah behind Aqaba’s reputation as a competitive investment and trade hub within the region.

“(His Majesty) doesn’t spare any opportunity within any national, international, or regional setting to promote the city as a competitive trade, investment, and touristic multipurpose hub,” the press release quoted the ASEZA chief as telling representatives of print, social, broadcast and online media channels across the Kingdom.

The event, which was organised by Voice of Aqaba and supported by ASEZA, Aqaba Development Corporation (ADC), Aqaba Container Terminal (ACT), Marsa Zayed, Saraya and Ayla.

Showcasing success stories of effective investment projects made in Aqaba, Mahadin highlighted the role played by ACT as a key player within Aqaba’s investment scene, and a role model for the ideal public-private partnership.

ACT’s Chief Executive Officer Soren Hansen spoke about the ACT role in steering Aqaba’s economic growth forward. He said that ACT’s development over the years serves as a proof of the development of the overall investment scene in Aqaba, especially with the second phase of the berth expansion project moving forward as planned and with an investment of $230 million.

“The expansion is to be 460 metres long thus making the whole berth 1,000 metres long upon completion. These changes will enable the expanded facility to serve three ships simultaneously,” Soren indicated in the press statement.

Ghassan Ghanem, chief executive officer of ADC, stated that as the prime owner of the lands and assets in the Aqaba area, the company’s aim is to create a diversified investment friendly environment catering to different business needs, through a well maintained infrastructure.

Aqaba Ports Corporation General Manager Mohammad Mubaidin, underlined the importance of Aqaba Port as a main and safe gateway for trade and transportation during the regional political unrest.

Representatives from Saraya Aqaba, Ayla Oasis and Marsa Zayed Aqaba also spoke about their entities’ roles within the Aqaba investment scene as key players of the touristic arena.

The seminar was followed by one-on-one discussion between media representatives and the different entity representatives present at the event, where issues pertaining to Aqaba’s investment scene were discussed further.

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