Amman: Jordan’s industrial estates are playing a pivotal role in attracting investments to the Kingdom’s industrial sector by offering a comprehensive environment and numerous privileges for investors, according to Chairman of the Board of Directors of Jordan Industrial Estates Corporation (JIEC), Louay Sahweil.
According to Jordan News Agency, Sahweil emphasized at the Jordan-Gulf Investment Conference that these investments have significantly contributed to economic development, created job opportunities, and enhanced Jordan’s competitiveness in global markets. This aligns with the action mechanisms outlined in the Kingdom’s Economic Modernization Vision (EMV).
In press remarks made on the sidelines of the forum, Sahweil highlighted that Jordan’s industrial estates are the largest operators of industries with high added value to the national economy, which are considered a high priority within the EMV. He informed the Arab Gulf participants about key investment opportunities in the industrial estates, es
pecially in promising sectors such as food and pharmaceutical industries. These sectors benefit from incentives and privileges, particularly in Abdullah II Ibn Al-Hussein Industrial Estate (AIE) and Tafeileh Industrial Estate.
Sahweil detailed the incentive packages that include reductions in electricity prices, participation in the Productive Branches Program, and discounts on handling costs at Aqaba Port. Meanwhile, JIEC General Director, Omar Juweid, stated that the industrial estates in Jordan aim to achieve sustainability by adopting environmentally friendly industrial practices, developing modern production technologies, applying a system for distributing industrial sectors, and improving the level of services offered to investors through the integration of the latest technological solutions.
Juweid also noted that the Kingdom’s industrial estates are home to approximately 937 companies with an investment volume exceeding JD3 billion, providing about 61,000 job opportunities. Additionally, he highligh
ted that Arab investments, particularly from the Arab Gulf countries, make up 21% of the total investment volume in these industrial cities.