Ali Madadha, Chief Executive of Jordan Industrial Estates Corporation (JIEC), said in a statement that the Corporation attracted more than 700 industrial companies in 2014 compared to 617 in the corresponding period of 2013.
The investment volume rose 6.4% to reach JOD 2,450 million in 2014 compared to JOD 2,293 million in 2013 in JIEC's five industrial estates, reported the Jordan Times.
Exports of the industrial estates grew 2.8% to JOD 1,090 million in 2014 compared to JOD 1,060 million in 2013.
Worth noting, exports constituted 25% of Jordan’s manufactured goods and 22% of total national exports.
The chief executive added that these investments have provided 48,000 job opportunities in 2014, 17% higher than last year's 39,000 job openings. He noted that workers in industrial estates represented 28% of the total number of workers in the country’s manufacturing sector.
Madadha expects the industrial sector to push the gross domestic product (GDP) to 32% by the end of 2025 compared to 26.1% by the end of 2014.
He unveiled that the Corporation is planning to establish new industrial estates in several governorates under the 10-year economic plan, in light of high occupancy rates reached in operational industrial estates.
Photo Credit: Arabianeye-Reuters
The investment volume rose 6.4% to reach JOD 2,450 million in 2014 compared to JOD 2,293 million in 2013 in JIEC's five industrial estates, reported the Jordan Times.
Exports of the industrial estates grew 2.8% to JOD 1,090 million in 2014 compared to JOD 1,060 million in 2013.
Worth noting, exports constituted 25% of Jordan’s manufactured goods and 22% of total national exports.
The chief executive added that these investments have provided 48,000 job opportunities in 2014, 17% higher than last year's 39,000 job openings. He noted that workers in industrial estates represented 28% of the total number of workers in the country’s manufacturing sector.
Madadha expects the industrial sector to push the gross domestic product (GDP) to 32% by the end of 2025 compared to 26.1% by the end of 2014.
He unveiled that the Corporation is planning to establish new industrial estates in several governorates under the 10-year economic plan, in light of high occupancy rates reached in operational industrial estates.
Photo Credit: Arabianeye-Reuters
Source:
Mubasher
