AMMAN – The President of the
Jordan Chamber of Industry,
Engineer Fathi Jaghbeer, confirmed that Arab investments in the country's
industry have had a positive impact on the performance and contributed to
increasing industrial production.
اضافة اعلان
The Chamber recently announced
new investments in the industry, which have either been established or are in the final stages of
formation, totaling $850 million and providing 3,650 new job opportunities. It
is expected that exports from these
investments will reach approximately $1.2
billion, as reported by Ammon news.
"The Jordanian industrial sector possesses many
elements that have made it a real attraction for investment. It has captured
more than 80% of the total foreign investments flowing into the kingdom in
recent years,” Jaghbeer said.
Jaghbeer said investors in the kingdom benefited from the
country's stability, strategic location, and numerous free trade agreements
with the United States and the European Union, in addition to the system of
development and industrial zones with various incentives.
He pointed to regional partnership projects in Jordan, such
as the Quadrilateral Industrial Integration Partnership (Jordan, UAE, Egypt,
Bahrain), which represents a strategic step towards establishing a robust
industrial base based on competitive advantages, resources, and advantages that
include the availability of raw materials in each country.
Al-Jaghbeer noted that the economic reform vision has set
ambitious targets for investment in the kingdom, particularly in the industrial
sector, with plans to attract over $14.4 billion in the coming decade.
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