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Ammon News - AMMAN (Petra)-His Majesty King Abdullah II on Sunday attended the celebration of the Amman Chamber of Industry (ACI) on its 50th anniversary.

During the celebration, the King honored former chairmen and board members of directors for their efforts and contributions to develop Jordanian industry.

In his address during the celebration, Minister of Industry, Trade and Supply and Minster of Information and Communications Technology Hatem Al Halawani said the accomplishments achieved by Jordan in the past decade are a success story, pointing out that Jordan, during the reign of His Majesty, has been able, at the economic level, to overcome the difficult regional conditions and achieve positive performance; such as a GDP at fixed prices, which increased from JD5billion in 1999 to reach about JD22billion in 2012, with an increasing GDP per capita of more than $4,000.

"Today's celebration of the 50th anniversary of ACI is a celebration of a deeply rooted institutional approach that paved the way for establishing a strategic sector with a positive impact on the national economy," Minister Al Halawani added.

He noted that industrial exports in Jordan constitute more than 90% of the country's exports and industrial investments make up more than 70% of the total investments in the Kingdom, which are the result of the Jordanian industrial sector’s competitive characteristics that enable it to achieve more progress in this field.

The minister noted that the government is working relentlessly to establish a motivated business environment which concentrates on cementing existing investments and attracting more high added value projects to the national economy, thanks to a set of modern laws regulating economic issues.

Also, Al Halawani expressed the government's appreciation for ACI and the industrial sector for its constant efforts to improve industry and the lives of people working in it.