AMMAN – Amer Al-Fayez, the board chairman of the Abdali
Investment and Development Company, has confirmed that the second phase of the
Abdali project, surpassing the size of its predecessor, is prepared for launch,
as reported by local media websites.
اضافة اعلان
In addition, the chairman emphasized the company's intention
to prioritize investments in non-traditional sectors, with a particular focus
on healthcare.
‘The beating heart of Amman’
The significance of the second stage of the Abdali project
is primarily attributed to its macroeconomic impact, as it has become a
prominent investment destination known as "the beating heart of
Amman," according to Al-Fayez.
The commencement of the next phase is anticipated in the
coming months, involving the development of infrastructure through coordinated
efforts with renowned specialized companies, most notably "Dar
Al-Handasah".
Investment
Concurrently, Abdali Investment and Development Company has
initiated discussions with potential investors to evaluate the viability of
attracting investments for the project.
The upcoming stage aims to draw investments for the
construction of a healthcare center, complementing the existing Al-Abdali
Hospital, as well as a conference center.
The company also endeavors to secure quality investments for
non-traditional ventures.
Collaboration
The second phase of the Abdali project is projected to cover
an expansive area of approximately 130,000sq.m., incorporating green spaces.
The Amman Municipality will oversee this phase, with the planned built-up area
expected to reach around 1.3 million square meters, surpassing the 900,000sq.m.
of the first phase.
Fayez affirmed that there are no limitations on the scale of
investments being targeted, expressing that the first stage already attracted
approximately $2.1 billion from Saudi Arabia, the UAE, Kuwait, Lebanon, and
domestic investors.
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