Pioneer real-estate developer Taameer Jordan Holdings signs MoU with the Orphan Fund Development Foundation

Taameer Jordan Holdings recently signed an MoU with the Orphan Fund Development Foundation of Jordan. The exact means of investments and the projects involved will be agreed upon later in an official MoU between the two parties.

The MOU was signed by Board Chairman and CEO of Taameer Jordan Holdings, Mr. Khalid Dahleh and Jordan's Chief Judge and Board Chairman of the Orphan Fund Development Foundation Dr. Ahmad Hilayel, with the presence of the General Manager of Orphan Fund Development foundation of Jordan, Dr. Faisal Al-Hiari, and Dr. Khaled Al-Wazani, General Manager of Taameer Jordan Holdings.

This MoU aims to create collaborations between the two partners on projects that will further social and economic development of Jordan.

Commenting on the partnership, Dr. Hilayel said, 'We decided to invest in real-estate projects that cater to the demands of small and medium sized income earners. Our decision came in compliance with His Majesty King Abdullah II's vision for further development and we look upon our foundation as a positive contributor to the local economy as our new investment strategy caters to the formation of effective partnerships within both private and public sectors of Jordan.'

Mr. Dahleh added, 'We are proud to be signing this MOU with the Fund Development Foundation as it proves the importance of public and private sector partnerships and we on our part are proud to be playing a pivotal role in corporate Jordan. Taameer Jordan Holdings is an avid advocate of positive economic and social progress in Jordan.'

Mr. Dahleh further added that Taameer Jordan Holdings will continue to develop real-estate projects that cater to different sectors within the community and that adhere to varying socio-economic needs of the communities.

Taameer Jordan Holdings continues to develop real-estate projects that comply with the housing needs of Jordanians. Its aims are to combine affordability with quality service in all its projects. The company views itself as an integral part of the communities it operates within and its projects reflect its commitment to serving as a catalyst for positive change.

Taameer Jordan Holdings is developing several real-estate projects in cooperation with the public sector including the Teachers' Villages, in collaboration with the Jordan Ministry of Education and Al Jiza residential city, in collaboration with the Housing and Urban Development Corporation (HUDC).