Amman: The Jordan Industrial Estates Corporation (JIEC) confirmed on Saturday it will offer Chinese investors the opportunity to establish specialized Chinese industrial clusters in the electrical, electronic, engineering, and metal industries, among other sectors. The initiative is based on His Majesty King Abdullah II's meetings with major industrial Chinese companies, during which he invited them to invest in the Kingdom.
According to Jordan News Agency, industrial estates are the primary base to welcome these investments, as they offer the infrastructure to accommodate industrial investments and turn economic relations between the two countries into tangible, productive projects, JIEC said in a statement. It indicated that the coming phase offers an opportunity to showcase the investment opportunities available in industrial estates to the Chinese business community, particularly the Zarqa Industrial Estate.
Zarqa has been declared an environmentally friendly city, poised to attract major investments in the fields of technology and electronics, as well as localize value-added industries, logistics, agricultural technology, and pharmaceuticals, as well as increase Jordanian exports. JIEC Director General Uday Obeidat said the industrial cities will get the message across to the Chinese business community, building upon the outcomes of the current royal visit to China. He said Chinese investors will come to Jordan as an "integrated industrial platform," enabling them to produce and export to regional and global markets.
He pledged the corporation's collaboration with various Jordanian industrial entities to build serious partnerships with the aim of attracting industrial investments. This will be achieved through unifying promotional efforts and leveraging Jordan's extensive network of free trade agreements, its strategic geographic location connecting the Gulf, Iraq, the Levant, and North Africa, and Aqaba's position as a maritime gateway, said Ubeidat.