60% of industrial investments from the total investments during the first half
94% of industrial investments out of the total foreign investments flowing into the Kingdom during the first half
72% of the job opportunities created in the industrial sector out of the total job opportunities
The industrial sector accounted for 60% of the total investments flowing into the Kingdom and benefiting from the investment law during the first half of 2022, with a value of industrial investments that exceeded 243 million dinars, and the total number of projects reached about 122 projects, so that the industrial sector continues to lead the economic sectors in terms of attracting investments Whether local or even foreign, according to the data and statistics of the Ministry of Investment.
In turn, Eng. Fathi Al-Jaghbir, President of the Jordan Chamber of Industry, stressed that the role of industry, which we have long mentioned and referred to as being able to lead economic growth, attract investments and provide job opportunities, was evident in its share of the total investments benefiting from the investment law, which confirms the position of the Chamber and the industrial sector on the draft law Regulating the investment environment and its need for it to be a possible law for the capabilities of the economic sectors, especially industry, in attracting investments, especially foreign ones.
He stressed here that the industry accounted for 94% of the total foreign investments flowing into the Kingdom during the first half of this year, amounting to about 105 million dinars, pointing to the great importance of the national industry as a gateway to attracting foreign investments to the Jordanian economy, while the sector accounted for nearly half Total domestic investments during the same period.
Jaghbir noted that the new industrial investments directly provided more than 7,000 job opportunities, constituting 72.2% of the total job opportunities created out of the total investments in the Kingdom. The industry is the operating leader and key to addressing the problem of unemployment in the Kingdom. What confirms this is that the average job opportunities created for one project in the industrial sector amounted to about 55 job opportunities, while the other economic sectors amounted to about 32 job opportunities for one project only.
Jaghbir added that these positive indicators of industrial investments and their leadership, were in line with the industry’s leadership in the growth of GDP also during the first quarter, with its contribution to about a third of economic growth, and all these are indications of the role and importance of the industry as a leading strategic sector for growth and development in the country.
Jaghbir stressed that today we urgently need to direct our strategies and plans towards sectors that are able to contribute to economic growth and address the problem of unemployment that has become a concern for all of us, and to enhance Jordan’s position on the map of the region in terms of attracting more foreign investments and diversifying exports.
He noted the need to provide incentives and capabilities to attract more local and foreign investments, especially in light of the government's current tendency to amend the investment law, in which we presented a number of observations and our vision as an industrial sector for this law, to be a pioneer in regulating the investment environment, and in line with royal visions to support the local investor. Attracting new investments and establishing to attract major investments, specifically in the production of raw materials to enhance food and economic security, and impose stability on the legislative environment regulating economic activities.

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