02 June 2012

Amman - Saudi Manafea Holding Company voiced willingness to set up investment projects in Jordanian free and development zones due to investment privileges and opportunities they offer.

With a capital of $1.05 billion, the Riyadh-based company has a strong financial position with the effective management that has a history of diversification and development in several trading activities.

The company has investments in the financial, real estate and hotel sectors and seeks to expand its investments at the regional level.

CEO of Manafea Yasser Faisal Sharif told Petra during a meeting with president and members of the Development Zones Commission that Jordanian development zones provide a golden opportunity to set up feasible economic projects.

The company he added seriously mulls diversifying its investments in the Kingdom, mainly in development zones.

President of the Development Zones Commission Amer Majali briefed the Saudi delegation on the legal system of the commission, adding that the company has an opportunity to invest in the Kingdom'stourism , technological and industrial sectors.

© Jordan News Agency - Petra 2012