Amman: The Syrian-Jordanian Free Zone Company’s revenues have experienced an impressive increase of 780 percent in the first quarter of the year compared to the same period last year. This surge in revenue is accompanied by the signing of 80 new investment contracts, marking a significant development for the company.
According to Jordan News Agency, the company’s board convened on Monday, with Dana Al-Zoubi, Secretary-General of the Ministry of Industry, Trade, and Supply, presiding over the meeting. The discussions centered around strategic issues concerning the company’s operations and its ambitions for future development.
The board explored various strategies to stimulate investment within the free zone, with a focus on improving infrastructure and technology to enhance the capacity to attract quality investments. Additionally, the board approved the company’s final budget for 2024 and deliberated on proposals aimed at enhancing administrative and institutional performance to meet future business demands.
Operational matters were also reviewed, including proposed regulations concerning the number of vehicles and tankers permitted to cross the zone daily. These discussions aim to optimize the company’s operations and facilitate its growth trajectory.