The Aqaba Special Economic Zone Authority Authority (ASEZA) strives to create a globally competitive center for tourism and recreational services, hi-tech industry, multi-modal transport, professional services, logistics and
ASEZA is deeply committed to creating and preserving Aqaba as a competitive international investment location. ASEZA maintains a streamlined investment environment and encourages private sector participation in all aspects of the zone’s development and operations. This ensures the provision of world-class infrastructure and services to Aqaba’s investors, residents and visitors.
ASEZA is genuinely committed to providing:
A one-stop investment center that serves as a single point of decision making that will facilitate business startup and smooth operation;
A package of streamlined investment and operating procedures, including simplified business registration and licensing;
A model approach to environmentally sustainable development and governance;
A world-class business environment that maximizes private sector participation in duty-free, tax-advantaged and flexible regulatory operations system.
In August 2000, the Aqaba Special Economic Zone Authority Law was passed by Parliament. The law established the Aqaba Special Economic Zone Authority Authority (ASEZA) as the statutory institution empowered with regulatory, administrative, fiscal and economic responsibilities within ASEZ. ASEZA is a financially and administratively independent authority, acting as the legal heir of both the Aqaba Regional Authority and the Aqaba Municipality.
The Aqaba Special Economic Zone Authority Law simplifies all procedures, licenses and approvals enabling the Authority - from one single location in Aqaba - to facilitate investors to set up and operate a business.
The ASEZA is governed by six ministerial-level Commissioners, each responsible for a major area of regulatory or operational activity.
(last updated: 30-March-2004)
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