Ma’an Development Company and Hadeed Emirates Construction Sign MoU
July 06, 2008
In line with His Majesty King Abdullah II's vision to develop and foster the economy of the South of Jordan, Ma'an Development Company (MDC) signed a Memorandum of Understanding (MoU) with Hadeed Emirates Construction, to develop a metals factory within the "Industrial Park" of the Ma'an Development Area (MDA).
The MoU, signed by Mr. Samir Dabbas, CEO of Hadeed Emirates Construction, and Mr. Mohammad Turk, CEO of South Company for Construction and Development (SCCD), stipulates that Hadeed Emirates Construction is to establish the factory over 50,000 m2 of land. The project will be the first of its kind in the Kingdom, and will cater to the growing construction and real estate sector in Jordan and the region.
The factory will be developed over two phases and will, upon its opening, include production lines requiring an operating staff of more than 250 employees, creating new job opportunities for the residents of Ma’an and boosting economic activity in the governorate.