Miras Project Brings $100 Million Investment Development to Zarqa

Zarqa, July 28 (Petra) — A new mixed-use investment project in Zarqa
is being developed to include hospitality, commercial, healthcare,
and entertainment facilities, with the aim of supporting investment
activity and economic development in the governorate. The Miras
project, developed by the Amman Logistics Company, represents an
investment of around $100 million and is being implemented in King
Abdullah Bin Abdul Aziz City (East City).

Acting Zarqa Governor Mohi Al-Deen Adwan visited the project site and
reviewed its progress, development phases, investment components, and
expected economic impact. The visit was attended by representatives
from the Ministry of Investment, the Jordan Islamic Bank, which is
financing the project, the National Resources Investment and
Development Corporation, along with government officials and economic
representatives.

Miras is among the largest multi-use investment projects in Zarqa and
is the first project in the governorate to apply green building
standards.

Adwan said the government continues to support investment and remove
obstacles facing investors, noting the readiness of official
institutions to address challenges affecting investment projects and
support initiatives that contribute to economic activity and job
creation.

Ahmed Hussein Tamimi, General Manager of Amman Logistics, said the
project will be developed in three phases to create an integrated
investment destination covering several sectors.

The first phase includes the establishment of the four-star Miras
Hotel, which will feature 68 rooms, conference and meeting halls,
event facilities, a main restaurant, cafes, a health club, sports
facilities, and other services.

The second phase will focus on Miras Boulevard, which will include
retail outlets, restaurants, cafes, and areas designated for events.
The third phase will include a specialized hospital equipped with
modern medical technologies, as well as an integrated entertainment
city.

Tamimi said the project is the first in Zarqa to implement green
building standards, explaining that these standards increased
construction costs by about 30 percent compared with conventional
buildings. However, they contribute to reducing energy and water
consumption, lowering operational and maintenance costs, extending
the operational lifespan, and increasing the investment value of
buildings.

He said the project is expected to create more than 7,000 direct and
indirect jobs upon completion of all phases and will support several
sectors, including construction, transport, logistics, tourism,
hospitality, trade, and healthcare.

MP Dr. Hail Ayash said the project represents an important investment
addition for Zarqa and will contribute to economic activity and
employment opportunities, stressing the importance of continuing to
facilitate the required procedures for its completion within the
planned timeframe.

Iman Al-Shababat, Director of Real Estate at the National Resources
Investment and Development Corporation and a member of the
governorate committee, highlighted the project’s importance for
Zarqa, particularly due to its adoption of green building concepts.

Imad Al-Alqa, Executive Director of Eco Engineering and Energy
Solutions (EcoSol), said the project applies green building standards
in accordance with international standards, helping improve energy
and water efficiency, reduce carbon emissions, enhance operational
performance, and increase the investment value of real estate assets.

//Petra//WH