A new investment in Al- Muwaqar Industrial Estate

A new investment in Al- Muwaqar Industrial Estate

Jordan Industrial Estate Company (JIEC) succeeded to attract a new investment with a total invested capital of one million JOD in Al-Muwaqar Industrial Estate in the field of electrical power and boards; this new project will offer 15 job opportunities in the first phase.

The new investment will be established on a 10,000 m2 in Al- Muwaqar Industrial Estate which was inaugurated in 2011 and covers a total area of 2,500,000 m2 with the options of leasing or buying lands or buildings.

Meanwhile, the CEO Of the Company, Dr. Jalal Al-Debei, announced that this investment will join the investments in the industrial estate, and it will benefit from the advantages of incentives, facilities offered by the industrial estate, where the number of investments reached more than (90) industrial investments according to the latest indicators of the company.

Furthermore, Al-Debei revealed that there is a growing demand for doing business inside the existing industrial estates which came in line with the company's plan to establish four new industrial estates in Jerash, Salt, Madaba and Tafila. This plan reflects the investor's conviction of the suitable investment environment within the industrial estates. along with the company's proven presence during the recent period in various local economic activities and events, as well as the presence of JIEC in the Arab and international forums carrying the optimal investment messages which seek to attract Industrial Investments based on the advantages of investing in Jordan in general and in the industrial estates in particular .

For his part, Mr. Samy Farraj the General Manager of Al-Farraj Company for industry and trade, praised the significant investment climate and the incentives within the industrial estate, revealing more advantage steps regarding this project which will offer more job vacancies

As a side note, Al-Muwaqar Industrial Estate was established in 2011 and hosts more than 90 industrial investments in various fields, with a total investment of 464 Million JOD, and has provided so far 3,000 jobs in various sectors for the labor market. This Estate has many success stories for local, Arab and international companies in various industrial fields such as the textiles, metals, engineering and food industries.

[News And Events]

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