AMMAN – The volume of investments benefiting
from the
Investment Environment Law in Jordan increased by 34 percent during
the first nine months of 2023, reaching JD878.5 million compared to JD656.9
million during the same period in 2022, according to the
Ministry of Investment.
اضافة اعلان
In a press statement, reported by Al-Mamlaka
TV, the Ministry stated that the number of projects benefiting
from the law reached 372 investment projects, employing approximately 30,000
job opportunities, according to studies submitted by investors.
The
Investment Environment law aims to provide
a supportive environment for existing investments, in addition to creating
attractive conditions for investment.
The Ministry mentioned that expansion projects
benefiting from the law during the first nine months of 2023 amounted to
JD430.5 million, representing a 49 percent increase, with an expected workforce
of nearly 18,000.
The volume of new investments benefiting
amounted to approximately JD448 million, constituting 51 percent of the total
investment volume, with an expected workforce of around 12,000 job
opportunities.
The industrial sector received the largest
share of gains, accounting for about 64 percent of the total investments, with
an investment volume of JD564.6 million. The trade sector received an
investment of JD169.5 million, representing 19 percent, while the
tourism sector received JD53.4 million, constituting 6 percent. Other sectors and
economic activities (such as hospitals and medical centers, agriculture,
information technology, services, artistic production, transportation, research
and development) collectively accounted for 11 percent of the total investment
volume.
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