Multi-purpose medical center project listed on “Invest in Jordan” platform
shahennews
The Ministry of Investment has recently featured attractive an investment opportunity on the “Invest in Jordan” platform, involving a multi-purpose medical center project with an expected investment of $31 million and a projected internal rate of return of approximately 15.8%.
Strategically situated near the current medical complex in Jabal Amman, between the third and fourth roundabouts and sloping towards Abdoun Valley, the proposed project has been designed to address the growing demand for versatile healthcare facilities in the region.
According to the platform, the project will be backed by the Amman Vision Investment and Development (AVID) company, a leading developer overseeing a vast portfolio of more than 5,000 properties belonging to the Greater Amman Municipality, and will be allocated to healthcare sector investors keen on establishing state-of-the-art medical facilities at the location.
The investment opportunities include hospitals, senior care centers, orthopedic clinics, medical rehabilitation centers, cosmetic surgery clinics, kidney dialysis centers, chemotherapy and radiation therapy centers, specialized clinics, mental health institutes, and interventional cardiology units.
One of the standout features of the proposed site is its proximity to Al-Khaldi Medical Center in Jabal Amman, just 350 meters away, and its sprawling area spanning approximately 17,270 square meters. Moreover, the site neighbors the Bus Rapid Transit (BRT) project, allowing for excellent accessibility. With its prime location merely 1.2 kilometers away from the Third Circle, 0.5 kilometers from the Fourth Circle, and approximately one kilometer from Abdoun Circle, it is poised to attract both local and international investors seeking to capitalize on Jordan’s robust reputation as a top medical tourism destination in the Middle East and North Africa.
Additionally, the land boasts a special zoning designation, presenting an exciting opportunity for potential investors to leverage it for medical or commercial purposes.
Amman Vision Company’s comprehensive development plan comprises four development zones, encompassing 54% of the entire land area. The remaining space will be dedicated to open areas, green spaces, and parking facilities.
//Petra// RZ
