Tourism and Recreation
Tourism and industrial development
NREC Jordan was established in 2006 as a private shareholding company with a registered capital of nearly US$37 million, and is owned 70% by National Real Estate Co. – Kuwait (NREC) and 30% by Aqaba Development Corporation (ADC) of Jordan.
Operating in the Aqaba Special Economic Zone (ASEZ) in Jordan, NREC Jordan is responsible for managing & developing two major real estate projects with a total area of 2 million square meters namely:
- South Aqaba Investment Park
Located 12-kilo meter southeast of Aqaba city center and 6-kilo meter from Aqaba Containers Port. It is situated on the main highway that connects Aqaba with neighboring countries, such as Saudi Arabia, Iraq and Syria. The total area of the project is 1.5 million square meters and has been developed as a “Gated Business Park” with many investment incentives and supporting services. South Aqaba Investment Park includes the following Facilities:-
- (60,000 m²) of Modern and qualified warehousing units with flexible areas for storage activities.
- (20,000 m²) of Developed Stander Factory Buildings (SFBs) for light & medium industries with flexible areas.
- (700,000 m²) of Developed and serviced plots of land.
- Office spaces within the Administration & Services Building.
- The North Project
This project is located 7-kilo meter north of Aqaba city center, 2-kilo meter east of King Hussein International Airport, with a total area of 540,000 square meters of developed land.
This project will be developed for as a mixed-use project.
http://www.anrepco.com