AIIE plans to transform Aqaba into an advanced industrial centre in few years

AMMAN — Aqaba International Industrial Estate (AIIE) plans to transform the Aqaba Special Economic Zone into an advanced industrial centre in the few coming years, AIIE Chief Executive Officer (CEO) Sheldon Fink on Tuesday told a press conference. According to an AIIE statement e-mailed to The Jordan Times, Fink said there are currently 65 logistic and industrial establishments working in AIIE out of 300 it can accommodate. He added that AIIE attracted 65 local, Arab and international investors in different sectors, most of which focused on mineral industries, mineral molding, building materials, plastic industries, food industries and logistics, all of which provided more than 1,000 job opportunities. The CEO noted that 30 per cent of current investments in AIIE are Jordanian, expecting 85 per cent of the total area of AIIE to be operated through a comprehensive developmental plan. The envisioned plan will provide more areas allocated for investment, in cooperation with the Aqaba Special Economic Zone Authority, so as to attract new Chinese investors after a successful marketing campaign in the Asian country.