Economic modernization vision to attract JD41 billion in investments: Minister

Minister of Industry, Trade and Supply and Minister of Labor Yousef Shamali said that the economic modernization vision aims to provide one million jobs in the next 10 years and attract investments valued at about JD41 billion.

Speaking to a meeting with the members of Zarqa Chamber of Industry’s Board of Directors on Saturday, said the government, under royal directives, is working as per a comprehensive reform vision in the political and economic fields and modernizing the public sector, in order to provide a decent life for citizens, enhance their participation in decision-making and improve government services, thus, increasing growth rates and providing jobs.

Shamali added that the national economy is recovering from the Covid-19 pandemic and its impacts, and some sectors have begun to achieve clear growth this year, as the government has developed many plans and programs to support the industrial sector, the latest of which was the Industry Support Fund, which will be officially launched in the coming period.

He explained that the fund aims to support industrial companies and increase their export capacity to all markets, as JD80 million were allocated to the fund for three years, in addition to many other tools that contributed to the national industry development.

He stressed the government’s keenness and care for developing the industrial sector, enhancing its competitiveness and enabling it to deal with various difficulties, due to its great contribution to the national economy, providing jobs, increasing national exports and stimulating the business environment.

SOURCE: JORDAN NEWS AGENCY

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