The development of major urban sites by the National Resources Investment and Development Corporation (Mawared) in Amman and Zarqa, was inspired by the vision of His Majesty King Abdullah II, who took a bold decision to relocate military installations out of city centers, thus freeing prime and valuable land for redevelopment in support of the national economy.

Two major urban sites are currently undergoing construction. These are the Abdali New Downtown Project in Amman and the King Abdullah Bin Abdul Aziz Project in Zarqa.

Mawared has since diversified its scope of activities. Its affiliated companies are now offering a range of opportunities to other developers and investors alike. A bouquet of commercial, residential, educational and entertainment projects set within master planned environments have attracted investors from all over the world. Various flexible partnership formulas are on offer, some of which are based on Mawared providing development land as its share of venture capitals.

As an independent state-owned corporation, Mawared remains an ideal partner for the private sector with the added bonus of offering coordinated smooth processing of official dealings with all relevant local authorities.
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Akram Abu Hamdan
Director General