Amman, July 6 (Petra) – Government incentives have boosted investment
in Tafileh Indusrial Estate and increased occupancy rates, according
to Obaid Yassin, Jordan Industrial Estates Corporation (JIEC) Chair.
Yassin said reduced electricity costs, lower land prices, and other
incentives helped attract new industrial projects, supporting job
creation and investment growth in line with the Kingdom’s Economic
Modernization Vision (EMV).
Adey Obaidat, JIEC’s Director General, said that the estate secured
29 projects valued at roughly JD90 million. The initiatives initially
created 170 jobs, with that figure expected to scale to 800 at full
operation.
He added that the company is actively promoting further investment in
southern Jordan while working to support investors and eliminate
regulatory hurdles.
//Petra// HA
