Petra region has experienced significant development in recent years, evolving from a unique archaeological and historical site into a thriving tourist destination and economic center. This transformation is attributed to Petra's exceptional strategic location as one of the New Seven Wonders of the World, coupled with its encouraging investment environment and well-developed infrastructure.
Petra Development and Tourism Region Authority is dedicated to fostering this growth by attracting investments, developing tourism services, and improving the quality of life for residents. The authority was established to manage and develop the Petra region, ensuring its sustainability as a World Heritage site and a premier tourist destination. It facilitates investment across various economic and tourism sectors by providing investment incentives and supportive regulations.
Since its inception in the early 2000s, the authority has achieved notable success in sustainable tourism development while preserving the region's rich cultural and heritage identity. The authority aims to enhance collaboration with the private sector and local communities to achieve sustainable development goals, reflecting its commitment to balancing economic growth with cultural heritage preservation.
Petra Development and Tourism Region Authority has played a pivotal role in boosting investments within the region by offering a comprehensive range of services designed to create an attractive and stimulating business environment. Efforts have focused on simplifying investment procedures and providing necessary facilitation to investors, including establishing a unified investment window that offers all services and facilities with streamlined and rapid procedures for registering and licensing economic activities. This has led to attracting diverse investments that have contributed to enhancing economic and tourism development in the region.
These efforts have yielded tangible results, with the region witnessing significant growth in investment projects that have improved infrastructure and tourism services, created new job opportunities, and increased economic returns.
The business environment in Petra region is characterized by several key features that make it attractive for investment, including its strategic location as a major gateway for tourism in Jordan, the availability of land designated for investment projects, infrastructure, and along with a trained human workforce that meets the needs of various economic sectors.
In its ongoing commitment to developing an optimal investment environment, the Petra Development and Tourism Region Authority continues to support investments that drive development and achieve sustainable growth in the region, reinforcing its position as a global economic and tourist destination.