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18 April 2024

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JIEC highlights new investment incentives in Karak's industrial estate

24-07-2023 12:47 PM


Ammon News - The Jordan Industrial Estates Company (JIEC) released a video on Monday showcasing investment incentives that were recently granted by the Cabinet to the Al-Hussein Bin Abdullah II Industrial Estate (HUIE) in the southern city of Karak.

These incentives include significant reductions in electricity prices of up to 80%, as well as the HUIE's inclusion in a productive branches program.

The government decision reduced the tariffs of investors in the HUIE by 25% to 75% and subsidized the cost of handling export containers at the Aqaba port by 50% for a period of three years.

The JIEC is encouraging investors and businessmen to take advantage of these incentives, particularly given that the HUIE is conveniently located near the port of Aqaba.




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