AMMAN —
Minister of Industry, Trade, and
Supply Yousef Shamali has confirmed that the initial phase of the Industrial
Support and Development Fund programs in 2023 resulted in agreements valued at
approximately JD45.2 million for 395 industrial facilities. This constitutes
50.2 percent of the total JD90 million allocations across the Fund's four
programs.
اضافة اعلان
During his visit to the
Zarqa Chamber of Industry and discussions with local industrialists and investors, Shamali
emphasized the importance of ongoing dialogue through field meetings. These
discussions focus on topics crucial to the national economy, allowing valuable
feedback to inform policy development and economic measures, the Jordan News
Agency, Petra reported.
Shamali detailed the evaluation outcomes of
135 selected
industrial companies participating in the Fund's output-based
incentives program. These companies will receive non-refundable financial
support in the form of incentives totaling JD29.63 million, representing 57.2
percent of the total JD51.763 million allocated for industrial facility
development projects.
Allocations of JD40 million in Jordan's
2024 draft budget were highlighted by Shamali to support a comprehensive
national industries development program targeting large, medium, and small
industries. He underscored the government's continued commitment to supporting
the
industrial sector, recognizing its role in boosting exports, alleviating
poverty and unemployment, fostering a conducive business environment, and
meeting local market demands.
Shamali expressed confidence in the
national economy's resilience amid current challenges, citing past experiences
that ensured the uninterrupted operation of supply chains, met local market
needs, and maintained price stability.
Responding to demands from
Zarqa industrialists, Shamali assured that these concerns would be closely followed
up in coordination with the Jordan Chamber of Industry. Subsequently, he
visited a factory and a commercial center in Zarqa to gain insights into the
progress of their operations.
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