Investments in industrial estates increased by 2% in first half of 2021 — JIEC

AMMAN — The volume of new investments in industrial estates for the first six months of 2021 increased by 2 per cent to JD73 million compared with JD71.3 million during the same period last year, the Jordan Industrial Estates Company (JIEC) said on Monday.

The JIEC, since the beginning of the year, has signed 82 contracts with 54 new companies and renewed 28 contracts in the industrial and services sectors. These investments are expected to provide 1,466 job opportunities, the Jordan News Agency, Petra, reported.

JIEC Director General Omar Juwaid said that 23 of the new investments were established in the Al Hassan Industrial Estate, 20 in the King Abdullah II Industrial Estate, 13 in the Al Muwaqar Industrial Estate, seven in the Salt Industrial Estate, seven in the Madaba Industrial Estate, three in the Mafraq Industrial Estate, two in the Tafileh Industrial Estate and one in the Al Hussein Industrial Estate.

Juwaid added that 853 companies operate in the JIEC's industrial estates with a total investment volume of JD2.9 billion and provide nearly 57,000 jobs.

The company has recently intensified its promotional campaigns locally and abroad, predominately in e-marketing and teleconferencing, the JIEC director general noted.

The JIEC also routinely communicates with investors to highlight the benefits of investments in various industrial estates. The JIEC provides discounts on land prices and rental allowances for industrial buildings.