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Volume of investments reach JD1 billion in 6 months

12-07-2011 12:00 AM


Ammon News - AMMONNEWS -The volume of Investments benefiting from the Investment Promotion Law through the Jordan Investment Board (JIB) and the Development Zones Commission (DZC) during the first 6 months of 2011 stood at JD1.1 billion.

Projects registered with the JIB by the end of June stood at 190 with a volume of investment reaching JD614 million compared to 182 projects with a volume of investments of JD872 million in the same period of last year.

Investments in development zones stood at JD490 million.

The industrial sector ranked first in terms of investments benefiting from the law with 79 percent and a volume of investment standing at JD488 million. The hotel sector ranked second with 12 percent followed by the agricultural sector with 4 percent.

Foreign investments accounted for 43 percent of the total investments benefiting from the law reaching JD264 million.



*Petra




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