Which special administrative authority, created in 2001, governs the coastal city and port of Aqaba under a distinct duty-free regulatory and investment regime?
Answer and explanation
Correct answer: D. Aqaba Special Economic Zone Authority (ASEZA)
- Step 1: ASEZA (Al-Hay'a al-Iqtisadiyya al-Khassa bi-Qasabat al-Aqaba) was established by Law No. 32 of 2000 and launched in 2001.
- Step 2: It transformed the Aqaba port and coastal strip into a multi-sector, low-tax, duty-free economic zone managed by a dedicated Board of Commissioners.
- Step 3: Identify ASEZA.
Answer
Aqaba Special Economic Zone Authority (ASEZA).
Why not the others: The Jordan Valley Authority and Free Zones Corporation operate elsewhere, and Aqaba Ports Corporation only runs ports, not the zone's regulatory regime.
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