Enhancing its role as an active partner in development

Date: 
30/11/2007

Amman, November 30, 2007 - HE Prime Minister Nader Dahabi received yesterday Mr. Samir Z. Al-Rifai, JD Capital CEO and Mr. Adrian Zecha, Amanresorts Chairman and CEO to discuss future investment projects the two companies intend to develop in various locations in the Kingdom.

The first project in line will be the Munya Woodland Resort and Spa in Dibbeen. Work on the project, which has obtained all necessary approvals, will start in the first quarter of 2008. In addition, the JD Capital-Amanresorts coalition will develop other tourist resorts in the Dead Sea and Wadi Rum to the South of Jordanother key destinations in Jordan.

This step affirms the government’s keenness to be an active partner in the development process and its support for the development of tourism as a major economic sector. Similarly, this step reflects the private and public sectors’ commitment to setting the stage for attracting investments to Jordan in order to boost economic growth and market Jordan as a first-rate tourist attraction in the region.

Amanresorts is one of the world's leading hotel and resort operators. In the high-end travel community, it is recognized as one of the pre-eminent and most innovative luxury hotel groups in the world for its ability to create unique resort destinations. The group has won numerous international awards for excellence in style, design, service and guest experience. Amanresorts has been entrusted with the development and management of several resorts around the world in recognition of its deep commitment to and concern for the cultural, environmental and other attributes of these locations.

The meeting was attended by HE Samir Z. Al-Rifai, JD Capital CEO; Mr. Adrian Zecha, Amanresorts Chairman and CEO; Dr. Maen Nsour, Jordan Investment Board CEO; and HE Mufleh Aqel, Head of the Investment Unit at the Social Security Corporation.

On this occasion, Al-Rifai said, “We were delighted with our meeting with HE the Prime Minister today to discuss the three different projects in the offing. We were proud to receive the government’s full support in implementing the proposed projects that will foster the development and growth of the tourism sector by attracting a new caliber of tourists to the Kingdom. We are also pleased to have at our side the perfect partner with whom we have obtained the government’s trust, which embodies the vision of HM King Abdullah II to promote Jordan regionally and globally.”

Mr. Adrian Zecha expressed his happiness with this step and said, “When I visited Jordan for the first time a few months back, I have felt that it has great potential to becoming a world-class tourist attraction. Consequently, we got the idea to develop several investment projects that will attract visitors from all over the world and offer them a unique touristic experience. We are happy today to receive the Jordanian government’s blessing to go ahead with these unique projects.”

For his part, Dr. Maen Nsour, Chief Executive Officer of Jordan Investment Board, stressed the importance of supporting Jordan’s tourism sector by creating the necessary infrastructure of hotels, resorts and entertainment parks. He highlighted the major contribution tourism can make to the economic development and to diversifying sources of income given the wide range of work opportunities it creates. He reiterated that tourism is a major attraction for national and foreign investments and reaffirmed the government’s commitment to the development of touristic investments.

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