Amman: Minister of Investment and Acting Minister of Industry, Trade and Supply, Muthanna Gharaibeh, emphasized the government’s commitment to attracting Arab and foreign investments across various sectors. Speaking at the inauguration of the Jordanian Industries Exhibition, organized by the Amman Chamber of Industry (ACCI), Gharaibeh highlighted the ministry’s willingness to support these investments by streamlining procedures, eliminating obstacles, and developing policies in collaboration with government agencies and industry chambers.
According to Jordan News Agency, the event witnessed joint business discussions between representatives of participating industrial companies and a trade delegation from Lulu Group International, led by Salim VI, Chief Operating and Strategy Officer. Gharaibeh expressed optimism about the potential establishment of a Lulu center in Jordan, which would supply the group’s global markets, mirroring its successful operations in the United States and Europe. Lulu Group International operates in 23 countries, employing over 75,000 workers, with annual sales reaching $10 billion.
Meanwhile, Fathi Jaghbir, Chairman of Amman and Jordan Chambers of Industry, highlighted the positive outcomes of visits organized by ACI for Jordanian industrialists to several Arab and friendly countries. These visits, conducted in cooperation with the government, facilitated business meetings between Jordan’s industrial representatives and officials from major commercial markets in these countries. Jaghbir reaffirmed the commitment to continue organizing visits to explore new markets for Jordanian products, which have consistently demonstrated their quality in export destinations.
Jaghbir also emphasized that Jordanian industrial exports could address global trade challenges by entering new markets, enhancing product competitiveness through cost reduction, and leveraging existing and new trade agreements with promising non-traditional markets. The exhibition featured 82 Jordanian industrial companies from various sectors, including 49 in the food industry, 20 in chemicals and cosmetics, five in plastics, and a few others in leather, engineering, and paper industries.