Free-zone expertise exchange signed by Aqaba, Turkey
23/05/2013
Aqaba, May 23 - The Aqaba Special Economic Zone Authority (ASEZA) and Turkish Free Zones (TFZ) on Wednesday signed a memorandum of understanding (MoU) for the exchange of expertise in information technology and the development of free zones. The MoU also covered drafting joint plans to attract investments, develop legislation to regulate economic activities, especially tax systems and tax incentives to improve the investment climate, and motivate the Turkish and Jordanian private sectors to increase the volume of trade and economic exchange between TFZ and ASEZA. ASEZA Chief Commissioner Kamel Mahadin, who signed the MoU with Ugur Oztürk, Director General for Free Zones, Foreign Investments, and Services at the Turkish Ministry of Economy, called on corporations in the real estate, tourism, and hospitality sectors to seize the investment initiative at ASEZA.
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