The Jordan Free and Development Zones Group (JFDZG) on Tuesday announced investment opportunities to develop the northwestern part of the Dead Sea Corniche, with an estimated investment size of JD150 million. According to a statement, the group is offering up the land in exchange for the investor preparing and building the infrastructure and implementing investment projects according to the technical studies submitted to the group by the applicant within a specific timetable. The group will, in return, receive an annual percentage of the revenue from the implemented projects according to a report made by a certified auditor. The group called on investors wishing to develop the area to register via e-mail dev.zone@jfdz.jo, adding that a field visit to the location will be arranged to offer further details. The group is calling on applicants to provide a technical study and an initial conception of the project, including the volume of investment, expected number of employees, a description of the elements and components of the project and a layout of the facilities. Additionally, applicants must provide a preliminary feasibility study that includes the costs of construction and operation, sources of financing and financial solvency, a timetable for the project, a copy of the trade registration of the applicant’s company and any other commercial records, in addition to its previous experiences in similar projects.

Source: Jordan News Agency