Syrian investments in Jordan’s industrial estates at JD190mln-JIEC

Director General of Jordan Industrial Estates Co (JIEC), Omar Juwaid, said the number of Syrian investment projects within Jordan’s industrial estates has reached 37 worth JD190 million.

During his participation in Jordanian-Syrian Economic Forum currently being held in the capital, Damascus, Juwaid said Syrian investments established within the industrial estates cover multiple sectors, mainly food, pharmaceuticals, textile, engineering and plastic industries, which contributed to creating 2,500 job opportunities for Jordanians.

Current global conditions require Arab economic integration by promoting trade and economic relations and facilitating businesspeople transactions to carry out their activities and establish joint projects, he noted.

Juwaid said JIEC offers multiple priviliges and incentives to investors, referring to Jordan’s commercial agreements signed many economic blocs, which qualify entry of industrial products to various global markets.

Calling on Syrian companies to benefit from Jordanian industrial zones’ priviliges, he said this step would qualify entry of Syrian products to various global markets, as JIEC has finally completed initial stages to launch new industrial estates in Salt, Madaba and Tafileh governorates and is about to finish expansion phases in Al Muwaqar Industrial Estate (MIE) and Al Hassan Industrial Estate (HIE).

Jordan , he noted, is on the threshold of an important economic stage, based on the launch of Jordan’s Economic Modernization Vision, and its new Investment Environment Law.

Source: Jordan News Agency

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