$5bn renewal plans for Aqaba.

Position:Special economic zones - Brief article

An urban regeneration project worth $5bn has been announced in Jordan, covering 13.5m square metres. It is one of the largest of its kind in the region and will be located at the upper side of the Aqaba Special Economic Zone. The purpose of the new development is to transform the area's economic revival and promote banking, retail, light industries and public facilities and services.

The main objectives of the project are to ensure social integration and commitment to the new city, and improve public services and education.

The large-scale...

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