20-Aug-2019
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Alghad- Minister of
Industry, Trade and Supply Dr. Tariq Al Hammouri said that a tender will be
issued before the end of this year to attract specialized companies to
determine the specifications and conditions for the tender for the
implementation of the joint industrial city between Jordan and the sisterly
Republic of Iraq in the future. Hammouri told “tomorrow” that the tender aims
to determine the specifications and terms of reference for the establishment of
this civil. Hammouri pointed out that studies for the tender are ready for some
time, but the Jordanian-Iraqi company in charge of this file is still familiar
with the successful international experience in this area to benefit from it as
much as possible. It is noteworthy that the Jordanian-Iraqi industrial zone,
which was announced at the end of last year, is located on the border between
the two countries with an area of four thousand square kilometres equally
between the two countries, equivalent to 2.2% of the area of the Kingdom. Al-Hammouri
stressed the existence of continuous communication with the neighbouring neighbour
Iraq to proceed in this file and overcome any obstacles facing the
establishment of the region because of its positive effects and achieve common
benefits
For the two
countries.
It is
noteworthy that the Jordanian-Iraqi Company for Industry responsible for the
establishment of the joint industrial zone recently held its annual meeting in
Baghdad and approved the amendment of the Memorandum of Association and the
company's by-laws to add a purpose that allows the company to establish and
manage the economic city so as to be consistent with the establishment of the
economic zone between the two countries.
During the
meeting of the General Assembly of the company, which includes the Minister of
Industry, Trade and Supply and his Iraqi counterpart, the Minister of Industry
and Minerals, and the Board of Directors of the company was authorized to
solicit bids and appoint a consultant once the completion of the basic
requirements for the establishment of the city, which includes the completion
of procedures for the allocation of land for the project and the incentives and
benefits it will enjoy.
It is
noteworthy that the Jordanian-Iraqi Company for Industry was established in
1980 with a capital of JD 20 million between the two countries. The Tarbell
crossing is the only outlet linking the flow of commercial goods between Jordan
and Iraq and was closed in 2015 due to the security conditions in that period
and was reopened to the movement of goods and passengers by the beginning of
September 2017.
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