Amr highlights Mafraq Development Zone’s investment potential during visit

AMMAN — Development zones add value to the national economy for their role in creating jobs and helping distribute development gains across all governorates, Investment Minister Khairi Amr said on Saturday.

During a field visit to the Mafraq Development Zone and after meetingswith several investors, Amr said that the ministry will follow up on all challenges facing investment in the Kingdom. He further noted that the ministry aims to deliver investors' demands to the relevant authorities to help determine solutions.

The minister added that the King Hussein Bin Talal Development Zone in Mafraq is among the zones with high attractiveness for investors. 

In this zone the ministry, in cooperation with zone officials, seeks to increase the zone’s competitiveness and provide services that meet investors' aspirations, according to a ministry statement.

Chairman of the Mafraq Development Company Salem Khazaleh highlighted the important role of the government partnership, seen through the ministry’sdirect communication with investors in the development zones.

Director General of the Mafraq Development Company Liza Dughmi said that the King Hussein Bin Talal Development Zone in Mafraq has so far attracted 50 factories with an investment volume of some JD250 million. 

The factories provided around 1,300 jobs, where factories currently under construction are expected to provide an additional 1,780 jobs. 

She added that the zone attracted four solar energy projects with a capacity of 175 megawatts and an investment volume of JD165 million. 

The zone additionally attracted eight contracts in 2021 with an investment volume of JD20 million, expecting these investments to provide 275 jobs.