Investment volume in Mafraq development area stands at JD458m — minister

ministry of investment
Ministry of Investment. (File photo: Jordan News)
AMMAN — Investment Minister Kholoud Al-Saqqaf said statistical indicators show the investment volume in the Mafraq development area stood at JD458 million with 58 projects, providing more than 1,300 jobs. اضافة اعلان

Saqqaf also commended the robust investment climate in Mafraq and Thuraya, two prominent regions in northern Jordan during her visit to these areas. Saqqaf acknowledged the significant progress in investment projects, highlighting their contribution to job creation and economic growth.

Thuraya Industrial Development
Saqqaf also highlighted the impressive investment performance in the Thuraya Industrial Development Zone. A total of 24 investments have been registered in this area, with an investment volume exceeding JD115 million and the creation of 1,080 job opportunities.

During her visit, the minister was accompanied by Mohammad Al Husban, the Executive Director of Thuraya Industrial Development City.

Embracing economic modernization and attracting capital
In her speech, Saqqaf emphasized the ministry's commitment to implementing the principles outlined in the 2033 vision for economic modernization.

The goal, she said, is to establish an appealing investment environment that caters to the needs of investors, offering practical and scientific solutions to any challenges they encounter.

By empowering investors and fostering competitiveness, the ministry aims to stimulate economic prosperity and combat unemployment issues.

Focused development efforts
Saqqaf directed her attention towards two key sectors in the region. In Mafraq, she toured the clothing and knitwear sector, where the investment volume is expected to reach approximately JD100 million.

In the Thuraya development area, a factory specializing in industrial engineering is nearing completion, with a substantial investment size of JD40 million.

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