Al-Jaghbir Highlights Industrial Sector’s Employment and Economic Contribution

Amman: The chairman of the Jordan and Amman Chambers of Industry, Fathi Al-Jaghbir, revealed that the industrial sector is a significant employer in the region, providing jobs to 251,000 workers, with 21 percent of these being Jordanians.

According to Jordan News Agency, Al-Jaghbir made these remarks in a statement released to commemorate Labor’s Day. He emphasized that the industrial workforce is spread over 18,000 industrial sites across the Kingdom, receiving pay and benefits totaling approximately 1.5 billion dinars annually.

Al-Jaghbir acknowledged the essential role workers play in the sector, stating that they are the backbone of the industry. He extended his gratitude and respect to them, appreciating their contribution to economic growth and development.

He further explained the sector’s commitment to sustainable employment opportunities, as well as continuous training and qualification programs. These efforts aim to meet local and export market demands and enhance the competitiveness of Jordanian products on an international scale.

Al-Jaghbir highlighted the industrial sector’s crucial role in social and economic development in Jordan, noting its direct contribution of about 25 percent to the GDP. This contribution increases to around 40 percent when considering indirect effects through its interactions with other sectors.

He also pointed out that the industry contributes over $9 billion annually to foreign exchange reserves, aiding in the stability of the Jordanian dinar. The industrial sector accounts for more than 90 percent of the country’s exports, reaching nearly 140 countries worldwide, showcasing the high quality and global standards of Jordanian products.

Over the past decade, Al-Jaghbir noted that the industry has been responsible for nearly 70 percent of all investments in the Kingdom, marking it as one of the most attractive investment sectors.