The Aqaba Development Corporation (ADC) was launched at the beginning of 2004 by ASEZA (The Aqaba Special Economic Zone Authority) and the Government of Jordan, as a new private sector corporation to be the central development body for ASEZ. Ownership of Jordan 's ports, the city's international airport and strategic parcels of land as well as the development rights for these assets and key infrastructure and utilities has been transferred to ADC. ADC's objectives are to develop and manage these strategic assets of the zone to unlock and leverage value from this asset base.