AMMAN — Chairman of the board of commissioners and of the investment exemptions and incentives committee in the
Petra Development and Tourism Region Authority (PDTRA), Suleiman Al-Farajat, said the authority has granted construction orders, the necessary investment permits, and distinctive tax numbers to five new hotel establishments to start construction work this year.
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The new hotels will provide no less than 500 new hotel rooms of various categories in light of the increasing demand for hotel rooms. The indicators concluded that by the end of June there were no less than
700,000 visitors this year, which is the highest number recorded yet, Khaberni reported.
Farajat pointed out the authority is working to develop and stimulate businesses in partnership with the private sector. This will be according to their strategic plan based on the main objectives of
Jordan’s Economic Modernization Vision, which is stimulating local and international investments by preparing a framework for an attractive investment environment.
InvestmentsFarajat confirmed that the PDTRA has aligned its work procedures in the region with the
Investment Environment Law and its regulatory legislation, which was issued by the Ministry of Investment.
This law allows the authority to apply investment incentives and advantages, which are granted in development areas, to projects within the PDTRA.
He explained there is a package of new investment projects that started their work and are in the process of opening and operating this year, such as the fixed balloon project, the virtual reality project, the fields of adventure and challenge project, the air ferry, and the tourist eco-village.
For his part, the director of investment in the PDTRA, Hasan Al-Lawama, said the total volume of investments in these projects is approximately JD80 million. If incentives and investment benefits are applied, they will reach approximately JD13 million at a minimum over the entire life span of the project, including construction, equipping, and operation.
He added that the authority grants investment exemptions and incentives by working with partners such as the Income and Sales Tax Department and the Jordanian Customs Department through an investment window that streamlines procedures within the authority.
Increase in visitorsThe rate of increase in visitors to Petra during the first half of this year was approximately 102 percent compared to the same period last year, when the total number of its visitors reached approximately 345,713 visitors, and approximately 29 percent over the same period in 2019, which amounted to approximately 539,363 visitors.
During the month of June alone, approximately 87,373 visitors Petra, an increase of 39 percent compared to June 2020, and 28 percent compared to June 2019.
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