27 May 2010
Aqaba -- His Majesty King Abdullah II on Thursday patronized the launch ceremony of the first phase of Marsa Zayed project which is a $10-billion real estate investment carried out by Al Maabar Jordan Real Estate Development Company.
His Majesty laid the foundation stone for the project which aims to develop 3.
2 million sqm plot of land to build high-rise residential towers, retail, recreational, resorts, business and financial districts and branded hotels.
Several marinas will add to the current berthing capacity which will transform Aqaba into a premier yachting destination; in addition to a state-of-the-art cruise ship terminal.
The project is the biggest real estate and tourism venture to take place in the history of Jordan and expected to provide 15,000 jobs upon completion.
Sheikh Saif bin Zayed Al Nahyan Deputy Prime Minister and UAE Minister of the Interior attended the launch ceremony.
Aqaba -- His Majesty King Abdullah II on Thursday patronized the launch ceremony of the first phase of Marsa Zayed project which is a $10-billion real estate investment carried out by Al Maabar Jordan Real Estate Development Company.
His Majesty laid the foundation stone for the project which aims to develop 3.
2 million sqm plot of land to build high-rise residential towers, retail, recreational, resorts, business and financial districts and branded hotels.
Several marinas will add to the current berthing capacity which will transform Aqaba into a premier yachting destination; in addition to a state-of-the-art cruise ship terminal.
The project is the biggest real estate and tourism venture to take place in the history of Jordan and expected to provide 15,000 jobs upon completion.
Sheikh Saif bin Zayed Al Nahyan Deputy Prime Minister and UAE Minister of the Interior attended the launch ceremony.
© Jordan News Agency - Petra 2010
