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Aqaba Development Corporation
The Aqaba Development Corporation (ADC) was launched at the beginning of 2004 by ASEZA (The Aqaba Special Economic Zone Authority) and the Government of Jordan, as a new private sector corporation to be the central development body for ASEZ. Ownership of Jordan 's ports, the city's international airport and strategic parcels of land as well as the development rights for these assets and key infrastructure and utilities has been transferred to ADC. ADC's objectives are to develop and manage these strategic assets of the zone to unlock and leverage value from this asset base.
A key priority for ADC is to ensure that the 2001 – 2020 Master Plan for the zone is realized in a systematic way which maximizes the potential of Aqaba as a leading Red Sea business, logistics and leisure hub. Being constituted as a private company with a board of Directors representing the Public and Private Sectors, our philosophy and approach reflect best commercial practice.
ADC will invest in all major sectors, including infrastructure, transport and logistics, trade and industry, property and real estate, tourism, and education in a manner that is consistent with ADC's mandate and the vision of the Aqaba Special Economic Zone (ASEZ).
Visit us at http://www.adc.jo
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