Amman, The government economic team Saturday held a meeting chaired by Prime Minister Omar Razzaz to discuss economic and investment policies and measures taken to stimulate growth and the competitiveness of some sectors.

The ministerial team was briefed by Director General of Development Zones, Hamza Haj Hassan, who announced a 50 per cent, one-year discount for the lands leased for investment in the Dead Sea Development Area as part of a stimulus package.

The offer, which includes plots of land in the Corniche area and east and west of the main road, aims to lure in more capital in the Dead Sea Development Zone, which contributes to the development of the region and the creation of job opportunities.

The development zones chief also updated the ministers on the cable car project in Al-Sawan Development Zone in Ajloun, as the first cable car project in the Kingdom and the first of the development zones projects in Ajloun.

The project, which consists of 40 cable cars, expandable to 60, and each cabin holding eight persons, covers a distance of three kilometers, each ride for twenty minutes.

Haj Hassan said that the tender had been floated and that the eligible companies will start the project soon, which will take 18 months to accomplish, adding that in parallel with the cable car project, the development zones will launch an investment project in the region to build hotels, a conference hall, shops, restaurants and chalets.

The prime minister stressed the importance of speeding up the implementation of the cable car project in Ajloun according to the set dates, due to its developmental importance and the benefits it will bring to the governorate and its people.

Source: Jordan News Agency