
Tala Bay, Aqaba – Jordan
Following an invitation to develop Jordan's first resort project, Tala Bay was the group's first regional rolling-out of its model outside Egypt. The project is being developed by Jordan Projects for Touristic Development (JPTD), a company listed on the Amman Stock Exchange in which the Group holds a minority shareholding of 15.2%.
Tala Bay is situated on the Gulf of Aqaba (nothern Red Sea), which is Jordan's only sea gateway. The project is located outside of Aqaba and approximately 10 km away from Aqaba International Airport.
The integrated tourism destination is being built upon a man-made lagoon and is one of the largest toursim destinations in the country, covering a land area of approximately 2.7 million sqm. Tala Bay is planned to include four hotels with a total capacity of 1,300 rooms. One of these hotels, the Marina Town Plaza, is fully owned by the Group. It features 267 rooms and became operational in April 2008.
In addition, the project plan includes villas and apartments, a marina, a championship golf course and commercial facilties.
http://www.talabay.jo/

