AMMAN — Engineer Ihab Qadri, representative of the leather
and textile industries sector in the Jordan Chamber of Industry, emphasized
that the implementation of sector-related initiatives and priorities aligned
with the economic modernization vision will propel these industries to
prominent global positions, solidifying their status as top exporters
worldwide.
اضافة اعلان
In a statement on Sunday, Engineer Qadri revealed that the
textile sector presently ranks 16th globally in terms of exporting products
manufactured within the Kingdom.
Moreover, it stands at the 12th position concerning exports
to the US market.
Notably, Jordan leads among Arab countries in the region
with the sector’s exports accounting for 2 percent of the total US imports of
clothing products.
Anticipated growth in the textile sector is significant,
with performance indicators expected to triple over the next ten years. The
goal is to achieve textile exports amounting to approximately $7.3 billion,
compared to around $2.1 billion in exports by the end of 2022.
Qadri emphasized that effective implementation of textile
sector initiatives, such as enhancing value chains both vertically and
horizontally, establishing integrated industries, providing skilled labor,
attracting more investments, and fostering interconnection between companies,
will contribute to increased sector productivity, competitiveness, and product
diversification.
These efforts will enable market entry into new territories
while boosting export momentum in existing traditional markets.
More employment opportunitiesQadri affirmed that accomplishing these objectives will also
yield positive effects on various economic and social indicators at the national
level, particularly by generating around 149,000 new employment opportunities
for Jordanians within the economy.
Consequently, this will contribute to the reduction of
unemployment rates, reflecting improvements in overall economic performance.
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