AMMAN —The Minister of Industry, Trade, and Supply, Youssef
Al-Shamali, who also serves as the Minister of Labor, has announced that work
on developing the joint economic city is expected to commence by the end of
this year, as per the agreement reached with the other side.
اضافة اعلان
The city is set to be located on the borders of Jordan and
Iraq.
According to a local media outlet, the minister added that
that four international companies have expressed interest in acquiring vouchers
and participating in the establishment of the new economic city.
Objectives
While discussing the objectives of the joint economic city,
Shamali emphasized that its purpose extends beyond the purely economic aspects.
He highlighted the example of the Islamist extremist group
Daesh, which infiltrated Iraq through its western region due to the lack of
presence of employment or monitoring. By creating job opportunities through the
city, the minister said he believes that the region can eliminate the space for
terrorist organizations to establish themselves.
Furthermore, Shamali underscored the positive impact that
the establishment of the economic city will have on the Baghdad International
Highway.
The introduction of additional services along the highway is
expected to enhance its functionality and efficiency.
Moreover, investors will be granted the privilege of
importing their goods into the city from Jordan and Iraq without being
subjected to customs duties.
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