Khaberni - Investment Minister, Tariq Abu Ghazaleh, sponsored on Thursday the signing of a new local investment agreement in the food industry sector, involving an investment exceeding 20 million Jordanian dinars, in the presence of the investing company’s director, and the acting general manager of the Jordanian Industrial Estates Company, Adi Obeidat.
Abu Ghazaleh affirmed that this project represents a qualitative addition to the food industry sector, contributing to enhancing food security, in addition to its role in community development, stimulating economic growth, and providing sustainable employment opportunities starting with about 50 jobs in its early stages, rising to nearly 500 job opportunities upon the completion of its operational phases.
The Investment Minister pointed out the joint government efforts between various ministries and institutions to support the local investor and empower him, noting that the Ministry of Investment continues to facilitate the investor's journey, and simplify procedures before him within a comprehensive system of legislation and investment incentives, in accordance with the goals of the economic modernization vision.
He explained that the project, which will be established in Al Muwaqqar Industrial City, comes amid accelerating growth of local investment, reflecting a clear message of confidence in the robustness and attractiveness of the stimulating investment environment in Jordan, in terms of legislative stability, and the availability of qualified infrastructure.
On his part, the director of the investing company, Ihab Sharaf, explained that the new project is being established on a land parcel of 46 dunams, which will host the main food industry, along with a number of supporting complementary industries.
He added that this project is an extension of a series of successful investments by the investing company in the kingdom, stemming from its belief in the importance of national investment, which contributes to supporting the local economy, developing the community, and providing direct and indirect employment opportunities.
Sharaf praised the government support and the efforts made by the Ministry of Investment to enhance the investment environment, and support the local investor, in cooperation and coordination with the Jordanian Industrial Estates Company, institutions, and related entities.
