Kanakreh: move ahead with the maintenance procedures of the Zay Tourist Resting Place to be put forward for investment

Al-Anbat- Seham Qasem

To move forward with the investment of the Zay Tourist Resting Place, the Head of the Social Security Funds Investment Fund Dr. Ezzedine Kanakreh, instructed the concerned parties to take the necessary measures to expedite the bidding for the maintenance of the Zee Tourist Resting Place for its rehabilitation and to present it as an investment opportunity for Jordanian investors.

This came during the field visit accompanied by the Chairman of the Board of Directors of the National Tourism Development Company Dr. Ma’id Al-Saman, Deputy Dina Al-Bashir, the Chairman of Al-Balqa Governorate Council Ibrahim Al-Awamla, the Mayor of Zee Al-Amairah and the Director of Zee District Eng. Fatima Arabiat, several directors of the Fund, the General Manager of the National Company, and many directors and engineering staff of the company.

The Head of the Fund heard an explanation about the nature of the construction works to be carried out before bidding to attract investors to manage the resting place on commercial grounds while exploiting the resting place site as one of the distinctive tourist fronts in Al-Balqa governorate.

The Head of the Fund stressed the importance of speeding up the restart of the resting place of its importance in revitalizing the tourism movement in the region, operating the economic sectors associated with the tourism sector, improving the level of various services, and promoting domestic and foreign tourism.

The "Zay” resting place is located in a prime location on 7 Dunums and includes multiple tourist facilities from restaurants, event halls, and outdoor plazas. However, the investment return provided was not acceptable, preventing the break from being invested.

The National Tourism Development Company oversees the management of hotels owned by social security and several resting places in the Kingdom’s most prominent tourist destinations and the company achieved the highest net profit in 2022 compared to the previous year after the gradual recovery from the coronavirus pandemic.

The tourism sector is an important investment in the investment portfolio of the Social Security Funds Investment Fund as well as investment in other sectors, such as banks, mining, telecommunications, energy, agriculture, real estate development, and development areas in addition to investment in bonds and fixed-income instruments.