Qatari team interested in medical tourism investments at Dead Sea

By JT - Sep 05,2018 - Last updated at Sep 05,2018

A Qatari delegation visits the Dead Sea to explore investment opportunities there on Tuesday (Petra photo)

AMMAN – A Qatari delegation, headed by Sheikh Faisal Al Thani, head of the local portfolios at the Qatar Investment Authority (QIA), has expressed interest in exploring investment cooperation in the field of medical tourism in the Dead Sea Development Zone (DSDZ).

These remarks came during the Qatari delegation’s field trip on Tuesday to the DSDZ, accompanied by the Minister of State for Investment Affairs and Jordan Investment Commission (JIC) Chairman Muhannad Shehadeh, Chairman of the Jordan Free and Development Zones Group (JFDZ) Abdulmajid Alrahamneh and the JFDZ’s CEO Hamza Al Haj.

During the tour, the delegation was briefed on the situation of tourism and the natural environment in the DSDZ, as well as the infrastructure projects implemented by the JFDZ, especially the Dead Sea Corniche, the Jordan News Agency, Petra, reported.

Sheikh Al Thani said that the aim of visiting the DSDZ is to explore the investment opportunities available, pointing out to the aid package by Doha to support Jordan through investments in infrastructure projects in Jordan at a value of $500 million and providing 10,000 jobs for Jordanians in the Gulf state.

Al Thani stressed the feasibility of investment opportunities in Jordan, especially in the field of energy, tourism, transport and information technology, noting that investment in the Kingdom will be implemented through the QIA’s subsidiaries and the private sector.

He also pointed out that a specialised team would be working with Qatari companies to seize the opportunities in the field of transport and information technology and would identify the projects of interest.

In addition to Qatar, Saudi Arabia, Kuwait and the UAE have also committed to extending to Jordan $2.5 billion in support for its economy, including a deposit at the Central Bank of Jordan, guarantees to be presented to the World Bank in favour of Jordan, budget support for five years and funding of development projects by development funds in the three countries.

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