The Minister of Investment, Tariq Abu Ghazaleh, announced the implementation of a new mechanism to address long-standing issues related to the clearance of fixed assets for investors benefiting from the Investment Environment Law. The initiative is launched in cooperation with the Jordan Customs Department to streamline procedures and enhance the overall investment environment in the Kingdom.
اضافة اعلان
Abu Ghazaleh made the remarks during a meeting with representatives of the industrial sector, attended by Director General of the Customs Department Major General Ahmad Al-Akalik, Chairman of the Amman and Jordan Chambers of Industry Fathi Al-Jaghbir, and Director of the Amman Chamber of Industry Nail Al-Husami.
He explained that the new system, now in effect, will accelerate the processing of customs clearance for exempted fixed assets and related procedures. He emphasized that the Ministry of Investment continues to maintain close communication with investors to resolve obstacles they face, while the Customs Department will handle the settlement procedures in line with the approved mechanism.
Under the new approach, customs declarations dated prior to 2002 will be settled automatically without the need for physical inspection or the submission of customs documents. Post-2002 declarations will also be settled automatically but require the submission of related customs paperwork.
