Jordanian-Syrian Free Zone witnesses active investment, says official

syria jordan flag
(Photo: Envato Elements)
DAMASCUS — Director General of the Jordanian-Syrian Free Zone Company Irfan Khasawneh said that the zone has seen robust investment and a good volume of trade exchange between the two countries since its reopening at the beginning of 2022, according to the Jordan News Agency, Petra.اضافة اعلان

In remarks at the Jordanian-Syrian economic forum, currently held in Damascus, Khasawneh said that 45,000 tons of goods were imported to the zone during the first half of this year, on some 1,950 transport trucks, at a value of more than $82 million. He also said that the status of 190 companies out of 590 that were operating before the closure, were corrected.

Solar energy panels, foodstuff, agricultural and construction materials, and auto spare parts were the main commodities imported to the zone in the first six month of 2022, he said, adding that around 70 trucks pass by the Jordanian and Syrian gates daily.

“There is cooperation between the relevant authorities to develop the investment environment in the zone to lure investors and revive its commercial and investment activity,” the official also said.

Khasawneh indicated that the zone, built on an area of 6,500 dunums, currently has about 5,000 dunums available for investment in various industrial, commercial, agricultural, service and car showrooms, and called on those interested to visit it and take advantage of the benefits it offers.

The Jordanian-Syrian Joint Free Zone was established in 1976,with joint capital from the two countries, under an economic cooperation agreement that regulates trade between them, to be one of the pillars of joint Arab economic action.

Read more Business
Jordan News