EAIZ exports continue to drop

AMMAN — Exports of East Amman Industrial Zone (EAIZ) have continued to drop due to the closure of its conventional markets resulting from regional instability.

In the first nine months of the year, the zone’s exports slipped down to JD247 million compared with JD269 million; the figure recorded in the same period of the previous year,  the Jordan News Agency, Petra, reported on Saturday.

Citing a report released by EAIZ Investor Association, the agency said chemical industries and cosmetics’ exports accounted for JD67 million of the total exports, followed by food supplies, agricultural and livestock exports at JD62 million. Launched in 1960s, EAIZ currently houses 1,860 small- and medium-size business establishments and it provides 26,000 jobs, according to Petra.