Dudin: Government Incentive Package Boosts Real Estate Investment and Supports Economic Activities in Aqaba

19-05-2025

Dudin: Government Incentive Package Boosts Real Estate Investment and Supports Economic Activities in Aqaba Eng. Sahel Dudin, CEO of Ayla Oasis Development Company—one of the largest real estate projects in the region—affirmed that the decisions made by the Council of Ministers on Sunday, which include new benefits and incentives for the real estate sector in Aqaba, will positively impact various economic activities, particularly real estate. These incentives will also enhance confidence in Aqaba's investment environment by reinforcing the attractiveness and leadership of its market. اضافة اعلان Eng. Dudin explained that the new package of governmental incentives and benefits is aimed at transforming Aqaba into a world-class destination for tourism and investment. It seeks to strengthen Aqaba's position by facilitating and encouraging long-term residency for foreign investors and easing their investment journey. The initiative also aims to enhance the competitiveness of the Aqaba Special Economic Zone and establish an integrated, sustainable real estate ecosystem supported by attractive legislation. This, in turn, aligns with the Kingdom's comprehensive economic growth plans as outlined in the Economic Modernization Vision and the Integrated Urban Plan for Aqaba. He further highlighted that Ayla Oasis Development Company has laid out a comprehensive, long-term vision to build a sustainable destination that showcases Aqaba's environmental, social, and economic advantages. Today, Ayla stands as a leading project contributing to Aqaba's investment vision by attracting both local and international capital. It also strengthens the appeal of the real estate market and cements Aqaba's position as a global investment destination, thanks to its advanced infrastructure and flexible regulatory framework. Dudin added that these government decisions are geared toward supporting growth rates, as Aqaba plays a key role in stimulating the economy across high value-added sectors such as tourism, real estate, and logistics, among others. These incentives for the real estate sector coincide with the third edition of the Ayla Marina Boat Show, held this month. The exhibition showcases the latest developments in the marine services sector to enthusiasts and yacht lovers from Jordan and abroad. It features exceptional events aimed at introducing all aspects of marine services through experts and professionals in the field—supporting the growth of this promising sector. The boat show, taking place in parallel with the Council of Ministers' economic stimulus decisions, helps drive direct buying and selling activity, attract investments, and foster entrepreneurial projects in the sector. It also indirectly promotes awareness of the Ayla Oasis project and its full range of real estate facilities, advantages, and services. Dudin concluded by stressing that the Council of Ministers' real estate stimulus package represents a valuable opportunity for investors, retirees, and professionals from Jordan and abroad to learn more about the government's support for the real estate sector and to explore Aqaba and its growing portfolio of projects. These decisions serve as a powerful engine for sustainable growth across dozens of interconnected sectors.

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