Investment in industrial cities up 2pct


[23-08-2021 03:00 PM]

Ammon News - New investments in industrial cities for the first six months of 2021 increased by 2 percent, totaling JD73 million against JD71.3 million during the same period of last year.

According to a statement by the Jordan Industrial Estates Company (JIEC) on Monday, the company has managed, since the beginning of this year, to sign 82 contracts with 54 new companies and renew 28 contracts in the industrial and service sectors. These investments will provide around 1,466 job opportunities, it said.

Breaking down the figures, Director General of the JIEC, Omar Juwaid, said that 20 of the new investments were made in the King Abdullah II industrial city, 23 in the Al-Hassan industrial city, 13 in the Al-Muwaqar industrial city, one in the Al-Hussein industrial city, 3 in the Mafraq industrial city, 7 in Salt industrial city, 7 in Madaba industrial city, and 2 in Tafila industrial city.

The investments, Juwaid added, were channeled into various industrial and service sectors across industrial estates operate by the company.

Some 853 companies operate in the JIEC's industrial cities with an investment volume of JD2.9 billion, providing nearly 57,000 job opportunities.

To boost the numbers, the company has upped its promotional campaigns locally and abroad, leveraging e-marketing and teleconferencing in the process, the Director General noted.

The company also communicates with investors on an on going basis to highlight the advantages and investment incentives in various industrial cities, including discounts on land prices and rental allowances for industrial buildings in the cities.




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