Khaberni - The investment volume in the first phase of the Salt Industrial City belonging to the Industrial Cities Company reached 50 million dinars, with an occupancy rate of about 83% over 5 years, during which 34 investments were attracted. The city is expected to attract 52 companies with an investment volume reaching 83 million dinars.
The city's director, Mahmoud Tamlieh, stated that the city has witnessed rapid development that contributed to a qualitative shift in the number and quality of industrial companies which provided job opportunities for the residents of Balqa Governorate. He noted that there are 17 active factories that have provided about 400 real job opportunities to date, and it is expected that the number of job opportunities will reach 1,300, according to Petra.
He pointed out that measures taken by the government, including customs and tax exemptions and a reduction in land prices, have contributed to attracting investors to the Salt Industrial City. He hopes for an expansion in the number and quality of factories and companies under the investment incentives provided by the government, which directly help attract investors and develop operating projects.
Tamlieh explained that among the most important industries targeted to be attracted to the city are food, pharmaceutical, chemical, plastic, textile, and paper industries, in addition to printing, packaging, and logistical services.
He detailed that the city provides a comprehensive package of services for industrial investors, including developed and serviced land plots, in addition to ready-made standard buildings with options to buy or rent, alongside a comprehensive infrastructure that includes road networks and support services.
He pointed out that the city offers competitive land sale prices and rental rates, in addition to payment facilitations and simplified procedures through a single investment window, as well as a complete and permanent exemption from building and land taxes (Roofs).
He also mentioned that among the services and advantages provided by the city to investors are the exemption or reduction on most municipal and regulatory service fees, easy access to global markets through various trade agreements, and the availability of skilled and trained local labor at competitive wages, with the possibility of employing foreign labor.
The advantages also include full ownership rights for foreign investors' projects, freedom to transfer investment proceeds abroad, freedom to transfer and protect shares and ownership, in addition to the possibility of obtaining Jordanian nationality, thus enabling investors to benefit from many additional advantages.
He referred to the implementation of the Salt Industrial City sewerage station after assigning the execution contract to a specialized company, which was equipped with the latest devices and advanced technologies, in line with international standards and ensuring operation efficiency at the highest standards.
It is noted that the area of "Salt Industrial City," which opened in early 2019, is 472 dunams, where the first phase has been completed and developed over an area of 238 dunams.
"Salt Industrial" enjoys a package of incentives and exemptions from income tax at 5% provided that an added value of 30% is achieved, in addition to customs and sales tax exemptions on raw materials, equipment, machinery, and internal fittings involved in building and construction and outfitting.
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