July 5 – The Dead Sea Development Company (DSDC) is scheduled to announce two large-scale projects with investment plans that will exceed JD60 million, officials in the company said on Wednesday.
Amwaj International, a Jordanian real estate developer, will invest JD50 million to build a resort at the Dead Sea Development Area, according to the DSDC Chief Executive Officer Taha Zboun.
In addition, Amman-based Thuraya Company will launch a JD14 million investment project in the area. Zboun commented, “The Dead Sea area is attracting investors.”
The DSDC, the investment arm for the Development Zones Commission, signed a JD1 million agreement with the US-based Sasaki Consortium yesterday, to draw up the area’s master plan and pave the way for larger investment flow into the Dead Sea Development Area (DSDA).
