Investment boosts Ayla tourism offering

JORDAN: The European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and Capital Bank of Jordan (CBoJ) are supporting sustainable tourism in Jordan by providing an US$81 million financing package for the development of Ayla Marina Village, which is part of the Ayla Oasis regeneration plan.

The marina village attracts around one million visitors annually, with significant growth expected following the new investments. Currently, Ayla supports over 1,300 jobs, and the expansion is projected to create an additional 300 employment opportunities largely via the build of a 76-room hotel.
Sahl Dudin, managing director of Ayla Oasis Development Company, commented: “We are pleased to expand our partnership with international banks, reflecting their confidence in Ayla and Aqaba’s commitment to sustainability and good governance. This significant investment supports our vision for sustainable tourism and development in Jordan.”