Investments in industrial cities up 12% in 8 months

Investments launched in the Jordanian industrial cities went up by 12 percent in the first eight months of 2020 compared with the same period last year.
Executive Director of the Jordan Industrial Estates Company (JIEC) Omar Juwaid told the Jordan News Agency (Petra), on Wednesday, that the industrial cities, despite the COVID-19 pandemic, have attracted dozens of Jordanian and foreign businessmen and investors, some of whom are now in the production phase, while others are seriously looking into investing in the various industrial cities in the Kingdom.
Juwaid pointed to a number of attempts by the industrial cities to direct investors to the industrial cities in underprivileged governorates.
Juwaid stated that through the incentives granted to investors looking to invest in underprivileged governorates, the industrial cities were able to sign a number of contracts, estimated at JOD 261,000 in the Tafila Governorate's industrial city in the food, plastic and chemical fields. The contracts are expected to provide about 20 job opportunities in the early stages, he added.
The JIEC, he noted, started promotional plans to attract more investments to the Tafila industrial city, which is 98 percent complete, noting that the company received many investment offers in the city during the coming period and in several industrial sectors.
16 September 2020