Ammon News - Chairman of the Jordan Chamber of Industry (JCI), Fathi Jagbir, affirmed manufacturing (transformative) industries in the Kingdom constitute the "backbone" of the industrial sector, as current production stands at approximately $21 billion annually, while intermediate consumption amounts to about $11.6 billion.

Jagbir, in remarks to "Petra," said "This situation generates added value estimated at about $9.3 billion annually, representing 45% of total current production." He noted this percentage reflects the "significant" economic impact of these industries in generating income and wealth within the national economy.

He added that value-added manufacturing industries are among the key drivers of sustainable economic growth, given their role in transforming raw materials and production inputs into products with higher economic value.

He said this privilege directly translates into increased productivity, job creation, enhanced exports, and a higher contribution of the industrial sector to the gross domestic product (GDP).

During a press conference held on the sidelines of her visit to the Kingdom, Anna Bjerde, Director of Operations at the World Bank, highlighted the importance of value-added value-added manufacturing industries as sectors that create jobs within the country and support economic growth.

According to Jaghbir, manufacturing industries are "distinguished by their high capacity" for job creation, compared to many other economic activities.

To date, he announced approximately 254,000 workers are employed in these industries, distributed across some 18,000 industrial establishments in various governorates of the Kingdom, making them one of the largest sectors generating employment and supporting social and economic stability. Petra