As CEO of the Aqaba Development Corporation (ADC), Ghassan Ghanem, has significant responsibility for the development of the seaside city and much of Jordan’s infrastructure assets. Aqaba, which is Jordan’s only seaport, biggest industrial zone and a vital conduit for much-needed goods and services, is undergoing major changes to boost Jordan’s economic growth.
Under the plan, the city will have upgraded ports, new industrial cities and ultra-modern real estate projects. ADC was launched in 2004 to unlock the potential of the Aqaba Special Economic Zone - a duty-free, low tax multi-sector development zone, encompassing the total Jordanian coastline, the country’s seaports, an international airport and the historical city of Aqaba with a current population of over 100,000 people - by accelerating its economic growth and development.
Ghanem, 63, is an original member of the ASEZA taskforce, set up in 2000.