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EAIZ exports drop, conventional markets closed

By JT | 22:58 August 13, 2016 |
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AMMAN — Exports of East Amman Industrial Zone (EAIZ) have continued to drop because its conventional markets have been closed due to regional instability and because of the closed borders with Iraq and Syria.

The zone’s exports in the first seven months of 2016 dropped to JD194 million compared with JD203 million, the figure recorded in the same period of the previous year, a report released by EAIZ Investor Association on Saturday indicated.

Chemical industries and cosmetics’ exports accounted for JD56 million, followed by food supplies, agricultural and livestock exports at JD51 million. Launched in 1960s, EAIZ currently houses 1,860 small- and medium-size facilities that provide 26,000 jobs, according to the Jordan News Agency, Petra.

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