KHBP Partners with Norba to Develop Modern Commercial Centers
King Hussein Business Park (KHBP) has signed a significant agreement with Norba Real Estate Development and Investment to develop and construct a group of commercial centers. This partnership marks a crucial step in the new phase of KHBP’s strategic expansion plan.
The agreement was formalized by Eng. Ammar Izziddin, Chief Executive Officer of King Hussein Business Park, and Mr. Mohammad Abu Al-Rub, Chairman of Norba Real Estate Development and Investment. The signing was attended by representatives from both parties and experts from the real estate development sector.
This collaboration strengthens KHBP’s portfolio of commercial projects and aligns with its vision of creating a sustainable, comprehensive, and integrated urban environment. The new commercial complexes will feature modern office spaces, mixed-use areas, and retail outlets. The projects will be designed to meet the needs of investors, employees, and visitors, supporting both professional and social lifestyles while adhering to advanced architectural and operational standards.
Eng. Ammar Izziddin, commenting on the agreement, stated that the signing represents a significant milestone in KHBP’s expansion and sustainable development journey. KHBP aims to deliver added value that contributes to Jordan’s social and economic development by stimulating key sectors such as construction, retail, and hospitality. The initiative will also create employment opportunities, support entrepreneurship and innovation, and enhance infrastructure and services. These efforts will boost commercial activity and competitiveness, further solidifying KHBP’s position as a leading hub for business, investment, shopping, and entertainment.
The development of these commercial complexes is part of a broader expansion and investment strategy. KHBP offers a range of land and long-term, high-quality investment opportunities, supported by incentives and competitive advantages designed to complement its growth. These initiatives aim to strengthen the integrated ecosystem of facilities and services, driving sustainable development and enhancing the overall value proposition for investors and visitors.
Norba Real Estate Development and Investment, known for its expertise in real estate development, brings a wealth of experience and innovation to the project. The company’s commitment to quality and sustainability aligns perfectly with KHBP’s vision, ensuring that the new commercial centers will not only meet but exceed the expectations of the market and the community.
In conclusion, the partnership between KHBP and Norba Real Estate Development and Investment is a testament to the ongoing commitment to sustainable and inclusive growth in Jordan’s business and real estate sectors. The development of these modern commercial centers is expected to have a significant positive impact on the local economy and the broader community, setting a new standard for integrated urban development.
