Investment at Free and Development Zones reaches JOD460 million in 2021

Jordan Real Reel

The volume of registered Arab and foreign investment in public and private free and development zones across the Hashemite Kingdom of Jordan reached 52.2 percent last year, bringing the total value to JOD460 million of qualitative investment.

On Sunday, the Director-General of the Jordan Free and Development Zones Group (JFDZG), AbdulHamid Gharaibeh, told Petra News that Jordanian investors ranked first by making up 52 percent of the total number of investors, with a combined JOD415 million in investments. These involve a total of 47.4 percent of the free and development zones’ registered capital.

“Arab investors ranked second with 45.1 of the total number of investors, putting JOD285 million, which is 32.5 percent of the zone’s capital, followed by foreign investors with 2.9 percent of the total number of investors, investing about JD0176 million, which represents 2.9 percent of the zone’s capital.”

– Director-General of the Jordan Free and Development Zones Group (JFDZG), AbdulHamid Gharaibeh, to Petra News

As for the investment contracts, Gharaibeh said that it reached 3,317 at the end of 2021, categorized into industrial, commercial, tourism and service areas.

Source: Petra News


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