Development Areas

Daman for Development Areas Company serves as the investment arm of the Social Security Investment Fund for the development and management of development areas in the Hashemite Kingdom of Jordan. It is responsible for infrastructure development, attracting investments, and creating an integrated business environment that supports economic activity across various governorates.

The company was established in 2009 as a wholly owned private shareholding company of the Social Security Corporation. It is responsible for the development and management of King Hussein bin Talal Development Area in Mafraq and Irbid Development Area, both designated as special economic development areas under Royal initiatives aimed at stimulating investment, promoting economic development, and redistributing development gains, particularly in economically promising regions.
The company owns 80% of Mafraq Development Company, which serves as the master developer of King Hussein bin Talal Development Area, and 100% of Northern Development Company, which serves as the master developer of Irbid Development Area.

 The development areas managed by the company represent integrated investment platforms designed to attract high-quality investments and enhance economic activity across the Kingdom. These areas have been developed based on a vision centered on providing a comprehensive business environment that includes modern infrastructure, strategic locations with proximity to regional markets, and supportive logistical and regulatory services.

These areas also benefit from Jordan’s network of free trade agreements with global markets, as well as the availability of qualified human resources and advanced infrastructure. This enhances their attractiveness for industrial, technological, and service-oriented investments, contributing to the creation of high-quality employment opportunities and supporting sustainable economic development in the governorates.

In this context, the company develops and manages King Hussein bin Talal Development Area in Mafraq and Irbid Development Area, both representing integrated models for investment areas targeting diverse economic sectors that contribute to economic growth and the expansion of the productive base in the Kingdom.

The King Hussein bin Talal Development Area is located in Mafraq Governorate, approximately 60 kilometers northeast of Amman, covering an area of 21 square kilometers. It benefits from a strategic location along international transport routes connecting Jordan with Syria, Iraq, and Saudi Arabia, positioning it as a key hub for regional trade.

The area has been developed as an integrated industrial and logistics hub that supports industrial activities and logistics services, contributing to strengthening the Kingdom's productive base and attracting value-added industrial investments.

The area has attracted 71 factories, including those under establishment or design, and 4 solar projects, with a total investment value of around JD One billion and 200 million for the operating factories. The current investments have created 1,850 jobs.

The Irbid Development Area is located approximately 20 kilometers east of Irbid city and about 80 kilometers north of Amman, covering an area of approximately 1.8 square kilometers. Its proximity to Jordan University of Science and Technology, King Abdullah University Hospital, and several academic institutions makes it well-suited for knowledge-based and innovation-driven investments.

The area has been developed as a hub for knowledge economy activities and advanced services, leveraging the availability of skilled human capital and advanced infrastructure in telecommunications and information technology.

The area has attracted 10 projects with an investment value of around JD 24.5 million. The existing projects in the area have created around 2,090 jobs.