December 18th, 2011 - 07:00 GMT
Aqaba Development Corporation signed, an agreement with the Joint Venture consisting of BAM International and MAG Engineering and Contracting co. on Tuesday 13th December 2011.
Aqaba Development Corporation (ADC) was launched in 2004 with the objective of unlocking the potential of the Aqaba Special Economic Zone (ASEZ) by accelerating its economic growth and development.
Launched by ASEZA and the Government of Jordan, ADC owns Aqaba’s seaport, airport and strategic parcels of land as well as the development and management rights for these assets in addition to key infrastructure and utilities.