Throughout the history, the Dead Sea has been famous for its therapeutic nature linked to many ancient personalities like the Egyptian Queen Cleopatra, the fact that it is the lowest point on earth (408m below sea level) added another attractive feature to the well-known part of the Hashemite Kingdom. Nowadays, the Dead Sea area in Jordan forms a major touristic and investment destination that attracts both tourists and investors to benefit from its unique features. For Instance, in 2013, the tourism sector in the Dead Sea witnessed nearly 30% growth in the number of its hotels residents moving from 231,119 visitors in 2012 to 301,304 visitors in 2013.
As part of the Government of Jordan’s strategy to foster investments in the kingdom, in 2010, the Government of Jordan declared many of the surrounding areas of the Dead Sea as a Development Zone with special investing incentives allowing investors to obtain a superlative investment opportunity by choosing the Dead Sea as a place for their investments. As a Result, multiple investments have been carried out/ announced in the area focusing on both the tourism and the real estate sectors.
This report provides an overview of the investments in the Dead Sea area, the incentives provided to investors along with some key historical data from multiple sectors