Jordan Free and Development Zones Group (JFDZ) and Banan Beach Resort (BBR) of the UAE will develop a new beach project at the Dead Sea Development Zone.
The two entities signed a deal on Monday to develop the project that features a tourism camp housing restaurants, swimming pools and top-notch chalets with different sizes, as well as a gym and other therapeutic services.
Development Zones Director Arwa Hiyari said the deal combines Emirati and Jordanian expertise with a preliminary investment of JD4 million ($5.64m) by BBR.
She said JFDZ will explore efficient ways to support the Jordanian economy within the national strategy to attract new investments, stressing the project’s importance in diversifying the tourism product.
The project will also provide new services for Dead Sea visitors and create job opportunities, she pointed out.
BBR owner Abdalla underscored JFDZ’s efforts to attract investments, noting the importance of the facilities and incentives it offered, which helped to transfer United Arab Emirates’ expertise to the Dead Sea.
He also said the investment will be followed by other tourism projects.