Amman: Investment in the first phase of Al-Salt Industrial City, managed by the Jordan Industrial Estates Company, has reached JD50 million, achieving an occupancy rate of about 83 percent within five years. The industrial estate has attracted 34 businesses and is expected to draw in an additional 52 companies, totaling an investment volume of JD83 million, officials reported.
According to Jordan News Agency, Al-Salt Industrial City has experienced rapid development, marked by a significant increase in the number and quality of industrial companies, which have created job opportunities for residents of the Balqa Governorate. The director of the industrial estate, Mahmoud Tommalieh, stated in an interview with Petra that there are currently 17 operational factories that have generated approximately 400 jobs, with expectations to reach 1,300 jobs.
Tommalieh highlighted that government measures, such as customs and tax exemptions and reduced land prices, have been instrumental in attracting investors to Al-Salt Industrial City. He expressed optimism for the expansion of factories and companies, given the incentives that directly encourage investment and support the growth of existing businesses.
The city targets key industries, including food, pharmaceuticals, chemicals, plastics, textiles, and paper, as well as printing, packaging, and logistics services. Tommalieh mentioned a comprehensive package of services for industrial investors, including developed and serviced land plots, ready-to-move-in buildings for sale or lease, and an integrated infrastructure with a network of roads and logistics.
Additionally, the city offers competitive sale and rental prices, payment facilities, and simplified procedures through a single investment window. Investors also benefit from full and permanent property tax exemptions.