Investment volume at free, development zones reaches JD460 million in 2021

5. Jordan Free and Development Zones Group
An undated photo of the Jordan Free and Development Zones Group’s building. (Photo: Facebook)
AMMAN — The volume of registered Arab and foreign investments in public and private free and development zones across the Kingdom reached 52.2 percent in 2021, with a total of JD460 million in qualitative investments.اضافة اعلان

Speaking to the Jordan News Agency, Petra on Sunday, Director-General of the Jordan Free and Development Zones Group (JFDZG) AbdulHamid Gharaibeh said that Jordanian investors ranked first by making up 52 percent of the total number of investors, with investments amounting to JD415 million and 47.4 percent of the zones’ registered capital.

Arab investors ranked second, making up 45.1 of the total number of investors, with JD285 million in investments; 32.5 percent of the zone’s capital, followed by foreign investors who make up 2.9 percent of the total number of investors, with about JD176 million in investments, which represents 2.9 percent of the zone’s capital.

As for the investment contracts, Gharaibeh said that it reached 3,317 at the end of 2021, categorized into industrial, commercial, tourism and service areas.

Read more National news