Amman: The Amman Vision Investment and Development (AVID) announced on Sunday the launch of its eighth package of investment opportunities, featuring a range of land plots designated for commercial, family entertainment, sports, office, and industrial uses.
According to Jordan News Agency, AVID, the investment and development arm of the Greater Amman Municipality (GAM) and the main developer of its investment lands and licenses, stated that it has completed 52 projects with a total investment value of JD 410 million, developing over 600,000 square meters of land since its establishment in early 2020.
AVID further highlighted that its investments include medical, commercial, and entertainment projects, with the Kingdom for Healthcare and Medical Education project being particularly noteworthy. This project, implemented in partnership with the Saudi-Jordanian Investment Fund, spans 180,000 square meters and carries an investment value of JD 280 million.
The organization is also advancing the Jordanian American Health (JAH) Healthcare Center project in the Yasmeen area, a multi-specialty medical complex covering 29,000 square meters with an investment exceeding JD 15 million. This seven-story facility will provide clinics, centers of excellence, laboratories, and a floor dedicated to emergency and urgent care services.
Current investments also comprise projects for family entertainment, adventure tourism, and sports academies in various locations across Amman. In addition, AVID is developing a network of electric-powered vehicle charging stations as part of the Amman Smart City initiative, one of the GAM's strategic projects for 2022-2026, aimed at supporting the shift toward electric mobility and enhancing its infrastructure.
Investors are encouraged to visit AVID's website [www.ammanvision.jo] for more details.