King Hussein Business Park

What King Hussein Business Park does

King Hussein Business Park (KHBP) is a mixed-use commercial real estate development located in Amman, Jordan, operating within a government-designated Business Development Zone that confers exclusive tax incentives under Jordan's Investment Law. The park's physical footprint spans 151,000+ sqm across 36 modern buildings, with a Phase 2 expansion underway that will add approximately 535,000 sqm of built-up area, 340,000 sqm of leasable space, and an expected 20,000 new jobs alongside a projected 12 million annual visitors.

The product portfolio comprises three office tiers — Ready-to-Move premium spaces (150-8,000 sqm units), Shell & Core (18-600 sqm), and the Grow startup initiative (subsidized 18-600 sqm) — complemented by retail, hospitality, event, and lifestyle services. The tenant base of 300+ companies spans multinationals (Dell, Samsung Electronics Levant, Bayer, Deloitte Digital), financial institutions (Arab Bank, Jordan Kuwait Bank, GIG), fintech (BitOasis, Hyperpay), healthcare (Medcore Medical Center), education (Al Hussein Technical University's 2,700 students), and retail/F&B. Notable smart infrastructure includes a planned 3,500-space smart parking system (MoU with ST Engineering/Philadelphia Parking, construction Q1 2026), a Smart Commutes mobility platform, an AI chatbot service (SmartServe partnership), and a Miyawaki forest/greywater reuse system (Mitsubishi Corporation Foundation and CAN partnership).

KHBP's revenue is generated through recurring monthly subscriptions on office and commercial leases, supplemented by event/conference transaction fees. GTM is primarily direct enterprise field sales via a website-based "Book a Space" form and Investment inquiry channel, supported by event-driven community engagement (Park Festival, Entrepreneurship Network Days). The park is EDGE-certified (IFC/World Bank) for green building and is led by CEO Eng. Ammar Izziddin under Chairman Mr. Omar S. Khalifeh. Revenue is not publicly disclosed.

Name

King Hussein Business Park

Legal name

King Hussein Business Park

Website

https://businesspark-jo.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

King Hussein Business Park is a government-supported mixed-use commercial real estate development in Amman, Jordan, offering premium office, retail, and event space across 36 buildings to 300+ multinational, regional, and startup tenants, with a major Phase 2 expansion underway.

Ownership category

akta.pro rank

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Office Space Leasing: Premium office spaces ranging from 150 sqm to 8,000 sqm across 36 modern buildings. Over 100,000 sqm of premium office space available for local, regional, and international companies.
2. Startup Office Spaces (Grow Program): Subsidized rental rates for early-stage companies with spaces ranging from 18 sqm to 600 sqm. Supports startups in a dynamic innovation-driven ecosystem.
3. Shell & Core Office Spaces: Core and shell office space for startups and growing businesses. 8,000 sqm of flexible spaces offered at subsidized monthly rental rates with shared amenities and collaborative work zones.
4. Retail & Commercial Leasing: Retail outlets, restaurants, cafes, and commercial spaces throughout the park including the Food Market Area.
5. Hospitality & Lifestyle Services: Investment opportunities in hotels, serviced apartments, restaurants, and integrated leisure experiences.
6. Event & Conference Facilities: Auditorium and event spaces available for booking, managed by The Domain.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

King Hussein Business Park develops and operates a mixed-use business park in Amman, Jordan, leasing premium ready-to-move offices, subsidized shell-and-core offices, and startup Grow spaces to local, regional, and international companies. The park also provides on-site amenities (auditorium, gym, medical center, restaurants, retail, banking) and smart infrastructure services including a multi-level smart parking system, smart commutes platform, and AI chatbot.

Product overview

King Hussein Business Park (KHBP) is a mixed-use business development in Amman, Jordan offering approximately 151,000+ sqm of developed space across 36 buildings. The portfolio includes three office product tiers (Ready-to-Move premium offices, Shell & Core spaces, and Grow startup offices), smart infrastructure services (Smart Parking System, Smart Commutes Platform), digital services (AI Chatbot), and comprehensive on-site facilities (auditorium, gym, medical center, restaurants, retail, banking). Phase 2 expansion adds 266,000 sqm with 340,000 sqm leasable space and 20,000 expected jobs.

Differentiator

Problem solved

Functional benefit

Brands

• Grow: KHBP's flagship initiative designed to support promising startups with subsidized rental rates and tailored support for early-stage companies.
• Manaseer Arena

Products and services

• Ready-to-Move Office Spaces Premium office spaces exceeding 100,000 sqm across 36 modern buildings, with flexible units ranging from 150 sqm to 8,000 sqm, built to international standards for local, regional, and international companies.
• Shell and Core Offices 8,000 sqm of core and shell office space for startups and growing businesses, with units from 18 sqm to 600 sqm offered at subsidized monthly rental rates, complemented by shared amenities and collaborative work zones.
• Grow Startup Initiative KHBP's flagship startup support program offering subsidized rental rates and tailored support for early-stage companies, with spaces ranging from 18 sqm to 600 sqm within an innovation-driven ecosystem.
• Auditorium Event venue managed by The Domain for conferences, corporate events, and gatherings, located in the Auditorium Building of the park.
• Rizeup Gym and Fitness Center State-of-the-art fitness center in Building 22 featuring outdoor playgrounds, tennis courts, semi-Olympic pool, basketball court, and fitness classes, open to members from inside and outside the Business Park.
• Medcore Medical Center Poly clinics offering medical services across multiple specialties from 9:00 AM to 6:00 PM, with emergency dentistry and general medicine available from 6:00 PM to midnight; accepts all insurance companies.
• Smart Parking System Smart multi-level parking building with 3,500 spaces across four operational zones, featuring license plate recognition, digital ticketing, QR code systems, EV charging stations, and solar energy infrastructure.
• Smart Commutes Platform Digital companion platform for the park's shuttle bus service designed to improve internal transportation experience for employees and visitors within the business park.
• AI Chatbot Service AI-powered conversational chatbot service for visitor and tenant support, launched as part of KHBP's digital transformation initiatives in partnership with SmartServe.
• Food Market Area Food court and restaurant area within the park featuring multiple food trucks and dining options including Troika Food Market, Steakinji, Acai Wonders, Boxy Bites, Fitness Corner, and Croissant Co.

Quantifiable outcome

• Over 10,000 jobs created for Jordanians
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Climate Action Association in Jordan (CAN)coreStrategic or Co-development Partner · 25 June 2026Implementing partner for the Miyawaki forest and greywater reuse system project. The project aims to expand green cover within KHBP using Japanese Miyawaki methodology, promote sustainable water management, and raise environmental awareness.
• Norba Real Estate Development and InvestmentcoreStrategic or Co-development Partner · 29 April 2026Partnership to develop and construct commercial centers and towers as part of KHBP's strategic expansion plan. The agreement includes modern commercial complexes featuring office spaces, mixed-use areas, and retail outlets designed to meet the needs of investors, employees, and visitors. Development will stimulate construction, retail, and hospitality sectors while creating employment opportunities.
• Philadelphia Parking (Represented by ST Engineering)coreStrategic or Co-development Partner · 17 December 2025MoU signed to develop, implement, and manage an integrated smart parking system. Project includes a multi-level parking building with capacity of 3,500 spaces across four operational zones. System features license plate recognition, digital ticketing, QR code systems, and solar energy infrastructure. Construction scheduled to begin Q1 2026.
• AcceMindminorStrategic or Co-development PartnerStrategic partnership for 'Masar 700' national entrepreneurship program. KHBP joined as a strategic partner to support entrepreneurs and national innovation.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Tecom Group (Dubai Internet City & Dubai Media City): Tecom Group operates a portfolio of specialized business districts in Dubai including Dubai Internet City, Dubai Media City, and Dubai Design District. Like KHBP, it is a mixed-use business park operator in MENA hosting multinational tenants within a government-supported free-zone framework with office leasing as its core product.
• Twofour54: Twofour54 is Abu Dhabi's media and entertainment free zone offering purpose-built office and studio space to regional and international companies. It mirrors KHBP's model of a government-backed zone with subsidized space, anchor tenants, and on-site amenities.
• Dubai International Financial Centre (DIFC): DIFC is a leading MENA financial free zone with premium Grade-A office space, retail, and lifestyle amenities operating under a dedicated regulatory framework. Comparable to KHBP as a government-designated business district combining office leasing, on-site services, and tax incentives.
• King Abdullah Economic City (KAEC / Emaar Knowledge Economic City): KAEC is a large-scale mixed-use economic city in Saudi Arabia offering industrial, residential, and commercial zones with business-friendly regulations. Similar in concept to KHBP's Business Development Zone with multinational tenants and large planned footprint.
• Knowledge Oasis Muscat (KOM): KOM is a technology-focused business park in Oman operating as a free zone with office space for ICT and knowledge-based companies. Comparable to KHBP's Grow startup initiative and tech tenant mix (Dell, Samsung, BitOasis).
• Dubai Design District (d3): d3 is a specialized creative-industry free zone in Dubai offering office, retail, and event space with tax incentives. Mirrors KHBP's positioning as a curated mixed-use hub for specific industry verticals with lifestyle amenities.

Broad incumbents

• Emaar Properties: Emaar is one of the largest MENA real estate developers with diversified mixed-use, residential, retail, and hospitality assets. While much broader than KHBP, its free-zone and large master-planned community work overlaps conceptually with KHBP's development strategy.
• Aldar Properties: Aldar is a major Abu Dhabi-based real estate developer with commercial, residential, and mixed-use assets including business park-style developments. Comparable as a regional incumbent operating premium commercial space at scale in MENA.

Emerging players

• Station F: Station F is the world's largest startup campus in Paris offering flexible office space, programming, and a corporate partner network. Closely comparable to KHBP's Grow startup initiative in concept, though operating in a different geography and scale.
• Astana Hub: Astana Hub is a Kazakhstan-based international technopark offering subsidized office space, tax incentives, and startup programming within a government-designated zone. Comparable to KHBP as an emerging-market government-backed tech/business park with multinational tenant appeal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/khbpjo
• YouTubeyoutube.com/watch?v=JdBXkNKmn_Q
• Facebookfacebook.com/KHBPJO
• LinkedInlinkedin.com/company/king-hussein-business-park
• Instagraminstagram.com/khbpjo

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about King Hussein Business Park