Investment in industrial estates grew by 12% in first 8 months of 2020 “” JIEC

Investment in industrial estates grew by 12% in first 8 months of 2020 “” JIEC

AMMAN “” Investment activities in the Jordanian industrial estates went up by 12 per cent in the first eight months of 2020 compared with the same period last year, Executive Director of the Jordan Industrial Estates Company (JIEC) Omar Juwaid said on Wednesday.

Juwaid said that the industrial estates, despite the COVID-19 pandemic, have attracted dozens of Jordanian and foreign businesspeople, some of whom are now in the production phase, while others are seriously looking into investing in the various industrial estates in the Kingdom, the Jordan News Agency, Petra, reported.

Juwaid referred to the JIEC's endeavours to direct investors to industrial estates in underprivileged areas.

Through the incentives granted to investors seeking to invest in underprivileged areas, the JIEC signed a number of contracts with a value of JD261,000 in the Tafileh