Fathi Al-Jagbir, Chairman of the Jordan and Amman Chambers of Industry, confirmed that industrial chambers are closely monitoring regional developments and their impact on the Jordanian industrial sector. He noted ongoing coordination with the Prime Ministry and the government's economic team to resolve any production obstacles arising from these events, particularly given the maritime shipping slowdown in the Strait of Hormuz.
اضافة اعلان
Al-Jagbir praised the government’s responsiveness to industrial demands, including fixing freight taxes and abolishing the exclusivity of container entry through the Port of Aqaba.
Industrial Resilience and Strategic Stocks
During a meeting at the Chamber of Industry, Al-Jagbir stated that Jordanian factories are operating at full capacity to meet local demand. He highlighted that the sector has built a strategic stock of raw and intermediate materials sufficient for several months, drawing on lessons from previous crises.
Key Industrial Indicators:
Economic Contribution: The industrial sector constitutes over 24.3% of the national GDP.
Production Value: Total production exceeds 17 billion JOD.
Diversity: Over 1,500 industrial commodities across various sub-sectors.
Market Self-Sufficiency: Local industry secures more than 60% of the domestic market's essential needs.
Logistics and Export Strategies
Al-Jagbir pointed out that Jordan possesses logistical flexibility supported by diverse trading partners and alternative sea and land transport routes. He noted that:
Alternative Routes: International shipping companies may adopt longer, costlier routes, impacting delivery times for raw materials.
Insurance Costs: There is a noticeable rise in maritime insurance premiums, adding pressure to import and export costs.
Export Continuity: Chambers are coordinating with official bodies to ensure the flow of Jordanian goods to global markets and fulfill international export contracts without significant delays.
He concluded by calling for national solidarity and support for local products to enhance self-reliance, reaffirming that the industrial sector serves as the "safety valve" for the national economy against external shocks.
Al-Mamlaka
