Tourism and Recreation
Tourism and industrial development
Aqaba International Industrial Estate (AIIE), is the premium location in the Hashemite Kingdom of Jordan for manufacturing, logistics, and storage.
PBI Aqaba International Industrial Estate LLP., registered in the United Kingdom, develops and manages AIIE under a Concession Contract. Its partners are US and Turkish nationals.
AIIE is located 1 km from Aqaba Airport and 15 km from the Sea Port in the Aqaba Special Economic Zone (ASEZ). Aqaba is Jordan’s only seaport and also serves as a forwarding and tran shipment port to Iraq and neighboring countries.
The site of 1,700,000m2 has almost reached cap exceeds $700 million USD and is expected to rea
AT AIIE, WE ARE BUILDING A WORLD-CLASS BASE FOR
- Metal Engineering
- Construction Material
- Renewable Energy & Energy Efficiency Systems
- Food & Beverage Processing
- Plastic Products
- Logistics & Services
- LED Technology
AIIE ADVANTAGES INCLUDE (this should be taken from our section and add it to ASEZA)
- Aqaba is the safest and most secure base of operations in the Middle East
- Investors located at AIIE benefit from a Special Legal Regime and Investment Incentives applicable under the Aqaba Special Economic Zone Law
- Investors at AIIE are subject to only 5% tax + no tax on dividends
- Foreigners may own a 100% interest in companies and in land at AIIE
- PBI Aqaba provides support and assistance to investors with Government agencies and the local community before and after commencement of operations
- Jordan is party to a broad range of market access agreements including WTO, US FTA, EU FTA, AFTA and QIZ
- Training support
- Globally recognized achievements and awards
WORLD CLASS FACILITIES
WORLD CLASS FACILITIES
EXPANSION IN QUEIRAH
Plans are underway for an expansion of AIIE activities to the north of Aqaba on a site of up to 2,000,000m2 and to an additional site of about 950,000m2 near the new south port area.
The first investor was signed in January 2019.
CHINA INITIATIVE
The Government of China has developed a strategy “One Belt, One Road” to encourage China equity investment in the areas along Chinese historic trade routes. Aqaba has been a part of the sea route from East Asia to the Mediterranean since ancient times.
AIIE has signed a J-V with the Shenzhen Chamber of Investment and ASEZA to market, encourage and support investment and has opened an office in Shenzhen.
CHINA OFFICE ACHIEVEMENTS
- A factory to produce LED lights in Hi-Tech started operating in September 2017
- A large garment industry based in Hong Kong began operation in August 2017
PROJECTS UNDER NEGOTIATION
- Aluminum smelting, manufacturing, and processing
- Agro-industry projects
- Pipe factory
- Float Glass Industry
- LED light agricultural applications
- Infrastructure projects