Prime Minister Samir Rifai on Tuesday visited the site of the $500 million Jordan Gate project, which investors said is expected to be completed early next year.
The investors briefed the premier, who was accompanied by Amman Mayor Omar Maani, on the progress made in construction, saying that the 43-storey twin towers will be finished within the next few months.
Construction on the Jordan Gate towers resumed after a compromise agreement was signed in August between Bayan Holding Company and Al Hamad Construction and Development Company.
Under the agreement, Al Hamad got $30 million in addition to ownership of the south tower, which will become a five-star hotel.
Walid Saqaabi, chairman, and Haider Majali, vice chairman of the Jordan Gate Company, Al Hamad Chairman Nashaat Sahawneh, and Thameen Fakhoury from Hiktar Investment and Real Estate Development, Al Hamad's subsidiary company, signed the agreement in the presence of consultants, service providers and executive managers from all concerned parties, according to a previous statement from the Jordan Gate Company.
The north tower will contain offices of different sizes for local and international investors, in addition to multi-purpose lounges and halls for meetings, presentations, conferences and shows, according to data made available on the project.
A three-floor commercial podium connecting the two towers will host shops, entertainment centres, a food court and other services.
Saqaabi said the Jordan Gate Company is committed to supporting the Kingdom's economy, creating hundreds of job opportunities and enabling local and international businesses to occupy a healthy working environment fully equipped to meet the needs of any modern business.
Highlighting the phases the project has gone through since it began in 2007, Majali reiterated that it will be fully completed within a few months and the private sector will soon be able to rent space in the buildings.
Sahawneh said Rifai's visit reflects the government's concern in foreign investments in the Kingdom, adding that it is a positive message to the local and foreign private sectors to invest in the Kingdom, which enjoys an attractive investment environment.
In 2007, the Greater Amman Municipality (GAM) limited the construction of high-rises to four areas in the capital: Abdali, Abdoun, Jubeiha and the airport road. The area near 6th Circle was not included, but the Jordan Gate project was allowed to proceed. It will be the only high-rise project in that part of Amman.
The locations were identified as part of the first phase of GAM's Amman Master Plan.
Road capacity, infrastructure, preservation of heritage, maintaining green areas and creating suitable spaces for pedestrians were the major considerations when the areas were selected.
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