Al Daman for Development Areas Company
Al Daman for
Development Areas Company (DDC) was established in 2009 as a private
shareholding company fully owned by the Social Security Corporation. DDC
is the investment arm of the Investment Fund for infrastructure development,
services and marketing for the King Hussein Bin Talal Development Area in Al
Mafraq and the Irbid Development Area, which were demarcated by royal
initiatives as special economic development areas in order to contribute to the
redistribution of the fruits of development, particularly in economically
promising provinces.
DDC owns 80% of the capital of the Mafraq Development Corporation, which is the
main developer of the King Hussein Bin Talal Development Area - Mafraq and 100%
of the capital of the North Development Corporation, which is the main
developer of the Irbid Development Area.
1. King Hussein Bin Talal Development Area
- Geographic location:
The King Hussein Bin
Talal Development Area (KHBTDA) in Mafraq is located 60 kilometers northeast of
the capital Amman, covering an area of 21 square kilometers. It is
situated on a network of fast and modern highways connecting Jordan with Syria,
Iraq and Saudi Arabia.
With the presence of regional markets in the area, and with the studied
conversion of the King Hussein Airbase adjacent to KHBTDA into a multi-use
airport, the site has the potential to become not only a leading site for
industrial production, but also a regional transportation hub for the movement
of goods from all parts of the region and the world. In addition, the
free trade agreements and the numerous bilateral agreements between Jordan and
many countries provide an unparalleled opportunity for the KHBTDA to become a
pioneering site for industrial production and a trading hub for the exchange of
goods in the region and surrounding Arab countries.
- The area’s investments value: the area has attracted (71) factories including those under establishing
or designing and (4) solar projects with a total investment value of around JD 700
million for the operating factories. The current investments created 1850 jobs.
- Features of KHBTDA:
- A sophisticated and organized
environment that reduces costs and allows investors to focus on their core
activities.
A sophisticated infrastructure and
high quality services that provide an industry- supportive location and a
stable environment suitable for the economic development of projects that
will be launched in the area.
A private sector that leads
development, takes charge of management, and meets the priorities of the
market and the needs of investors.
Logistical services in the
development area that benefit from the existing infrastructure, support
investments in the area, and functions as a transportation hub to empower
Jordanian exporters to serve neighboring markets.
Residential services that raise
different living standards.
-
- Target sectors:
1. The industrial sector:
The King Hussein Bin Talal Development Area
depends mainly on the industrial sector to attract investments, create job
opportunities, and achieve the desired development. It represents a
unique opportunity to achieve the largest industrial development in Jordan,
taking into consideration the strategic location of the area which can access
the largest markets in the region, and the potential to benefit from the free
trade agreements with the United States, the European Union and Gulf
Cooperation Council countries.
2. Supporting sectors:
Investments in the industry sector focus on a
number of medium and light industries to serve regional markets mainly as well
as the local market. It is expected that these investments will
concentrate on the following industries:
- Food Industries.
- Medical and pharmaceutical equipment.
- Light chemical industries.
- Other industries.
3. Logistics sector:
The core objectives of establishing the King
Hussein Bin Talal Development Area include making it a center for logistics in
the region by building a land port and an airport for air freight of goods to
serve the region in accordance with the highest international standards. This
sector includes establishing all types of storage facilities and the
infrastructure needed for operations such as loading, unloading, and transfer
stations between different modes of transportation, in addition to specialized
storage facilities that include fluid storage warehouses and cooled warehouses
for pharmaceutical industries and other sensitive materials.
- Benefits of
investment in KHBTDA:
1. Transportation infrastructure:
KHBTDA is located on a network of highways that
link Jordan with neighboring countries. The construction of a railway station
will enable it to provide distinct and multiple modes of transportation, to
become a gateway for trade with Turkey and Europe.
- 2. The land port:
The land port project in the logistics area
provides comprehensive port and logistics services for local and international
trade in the areas of import, export, and re-export. The importance of
the land port stems from its role in:
- Enhancing the competitiveness of the Mafraq Development Area in particular and Jordan in general and by putting the country on the local, regional and global trade map.
- Facilitating import, export, and re-export operations for all goods that come from land, sea and air ports.
- Developing Jordanian logistics services and strengthening the role of the transportation and storage sectors in the Jordanian economy by creating and developing job opportunities and projects that achieve sustainable growth.
- Taking advantage of future railway projects in domestic and regional trade.
- Supporting industrial and commercial projects that depend on imported goods and raw materials that come from Mediterranean and Arabian Gulf ports.
- Linking Jordan’s trade with Turkey, Europe, Syria, Iraq and the Arabian Gulf to promote economic growth and benefit from foreign trade.
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3. Existing infrastructure:
KHBTDA is equipped with an advanced
infrastructure including water and sewerage networks, electricity grids, and
road networks. It also boasts the largest power converter station in
Jordan, with a 160 megawatts capacity in its first phase and a fiber optic
network, in addition to space dedicated for power generation from solar energy
projects.
4. Community services, housing units, and facilities:
KHBTDA will work to provide community services
and facilities, as well as advanced residential units including hotels, shops,
restaurants and others. The site will also provide key services to ensure the
safety and comfort of all workers and residents including recreational parks,
local security, schools, medical clinics, and other key services.
- Current Investments:
KHBTDA attracted many
industrial companies in the following areas:
Chemical and detergents
industry.
Aluminum extrusion and
forming industry.
human and veterinary
medicines industry
Fertilizer industry.
Plastics industry
Mineral water filters
industry.
Air conditioners industry.
Power cables industry.
Iron smelting and forming
industry.
Natural oils and grease
industry.
Paper and cardboard
industry.
Food industry
5. Renewable Energy Projects
The total plan of the region contains solar
power generation projects with capacity of 175 megawatts through a number of
specialized companies in this field. These projects will provide about 200 jobs
during the implementation period, and around 80 permanent jobs.
2. Irbid Development Area:
- Geographic location:
The Irbid Development
Area is located 20 kilometers to the east of the city of Irbid and 80
kilometers north of the capital, Amman, on an area of 1.8 square kilometers. It
is also close to the Jordan University of Science and Technology (JUST), which
is a leading scientific institute in Jordan and one of the best universities in
the Middle East in information technology, telecommunications, and health
care. JUST includes the King Abdullah the Founder University Hospital,
and there are four other universities in the Irbid Governorate.
- The area’s investments value: the area has attracted (10) projects with an investment value of around
JD 46 million. The existing projects in
the area have created around 2315 jobs.
- Target sectors:
1. The service industries sector:
The Irbid Development Area depends mainly on
service industries, which include the IT sector to attract investments and
create quality value-added job opportunities. The region has the ability to
provide quality human resources for the sector, taking into account the
existence of more than 50,000 students in the Irbid Governorate. In addition,
it offers all the infrastructure needs: communications, information technology,
electricity, water and sanitation.
2. Support sectors:
The area also has support services for the IT sector including call centers and back-offices.
3. Scientific research and development (R&D) sector:
The scientific R&D sector complements the
key sectors targeted in the area by providing them with qualified and well
trained human resources and the scientific research needed to keep abreast with
developments in their specialized fields.
4. Healthcare sector:
The importance of the health sector in the Irbid
Development Area springs from the environment and infrastructure that serve
investments in this area, particularly the King Abdullah the Founder University
Hospital that serves more than one million people in Irbid and its
surroundings. The area seeks to attract [investments] to create a general
hospital, a specialized hospital, a medical training center and medical
clinics.
5. Housing and multiple commercial services sector
The housing and multiple commercial services
sectors are considered necessary to attract investments in all areas by
providing an integrated city within the boundaries of the area. The area
seeks to attract investors to develop its facilities by building hotels with
distinctive architectural designs, residential apartments and villas of varying
sizes, restaurants, shops, markets, and housing for students and workers.
- Current Investments:
- Telecommunication and information
technology (call centers)
Professional training.
Intermediate college
Gaming Lab.
Software programming
TV programs production