On Tuesday, the Jordan Free and Development Zones Group (JFDZG) released a statement saying the value of exports of all Jordanian free zones in the January-June period of 2021 reached JOD1.91 billion, while imports stood at JOD953 million.
Exports of the Queen Alia International Airport (QAIA) free zone increased by four percent in the first six months of 2021, reaching JOD131 million, compared with JOD125 million in the same six-month period of 2020.
“JFDZG’s investment incentives put forward a starting point for global businesses in industry, trade and services fields, in addition to the flexibility in managing local and global trade affairs, as trade volume of local companies in the first half of this year hit JOD2.44 billion.”– JFDZG Statement
JFDZG Chairman, Khalaf Hmeisat, said QAIA free zone is one of the region’s latest investment destination, designed in accordance with best global practices to support economy and attract global investments.
Hmeisat said development zones became a place of prosperity for local and global companies, with great contribution to the national economy competitiveness, apart from transferring knowledge and skills, as its occupancy rate went up by 30 percent since the royal inauguration two years ago.
“Free zones house various local and foreign companies in different fields, including transformative industries, storing services, in addition to logistic and car trade companies. Private free zones also operate in the industry and information technology sector.”– JFDZG Chairman, Khalaf Hmeisat
Jordan’s strategic geographic location has also played a role in boosting the attractiveness of the Kingdom’s free zones.
Source: Petra News