AMMAN — The pharmaceutical industries and medical
supplies sector in Jordan have witnessed a significant growth in exports, with
an increase of 6.3 percent in 2023, reaching around JD736 million. This
includes human medicines, veterinary medicines and pesticides, and medical
supplies; export figures were provided by the sector’s representative at the
Jordan Chamber of Industry (JCI), Fadi Al-Atrash.
اضافة اعلان
Atrash highlighted the crucial role of the human
pharmaceutical sector, which accounted for the largest share of exports at
JD620 million with a growth rate of 19 percent compared to 2022, emphasizing
the sector's positive response to the
Economic Modernization Vision (EMV), reported
by Al-Mamlaka TV.
The vision aims to elevate the sector's exports to
JD2.1 billion, create 16,000 jobs, and increase its contribution to the
Gross Domestic Product (GDP) to JD1.7 billion by 2023. It also seeks to attract
investments totaling about JD1.1 billion over ten years.
Atrash noted the continuous support from the
Jordan Food and Drug Administration (JFDA) in facilitating industry development. In
addition, the sector has witnessed multiple investments, including the
establishment of a new pharmaceutical factory in Mafraq, contributing to job
creation and the production of innovative pharmaceuticals.
Furthermore, Jordan's pharmaceutical products have
successfully entered non-traditional markets, particularly in Central Asia,
Africa, and Europe. Several companies obtained European Good Manufacturing
Practice certificates and CE certification,
enabling exports to European countries.
The Ministry of Industry and Trade supported the sector
through various incentive programs, signing agreements to provide financial
support for growth. The companies in the pharmaceutical sector also contributed
in-kind donations worth JD18 million to support the resilience of Gaza
residents during the Israeli war on the strip.
Overall, the sector plays a vital role in Jordan's
economic development, aligning with the kingdom’s
vision for economic modernization and sustainable growth.
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