AMMAN
— The Mafraq Development Company, affiliated with the Al-Daman
Development Zones Company (DDC) has outlined the terms of reference for launching a tender
to establish an integrated logistics services center in Mafraq covering an area
of 3,700 dunams. This initiative aims to create a land port for transporting
goods to neighboring countries and convert the former King Hussein Air Base
into a commercial airport, as stated by Dr. Ezzedin Kanakrieh, the head of the
Social Security Investment Fund, during the discussion at the
Parliamentary Economy and Investment Committee on Tuesday.
اضافة اعلان
Kanakrieh
mentioned that the
Mafraq Development Company has successfully attracted Jordanian,
Arab, and international investments totaling about JD500 million. This includes
58 operating and under-construction factories in various sectors such as
engineering, construction, chemicals, fertilizers, food industries,
agricultural manufacturing, clothing, textiles, aluminum, and iron production,
sanitizer and cleaning materials, and sanitary paper, Al-Mamlaka TV, Jordan
News Agency, Petra reported.
The
operational factories provide around 1,300 permanent job opportunities, while
those under construction offer approximately 1,780 permanent job opportunities,
according to Kanakrieh.
Additionally,
the Irbid Development Zone has attracted investments of about JD40 million in
sectors like information technology, software, call centers, entrepreneurship
incubators, and a technical college for vocational training. These investments
create 2,300 job opportunities for Jordanians, with ongoing plans to attract
further entrepreneurial investments to contribute to enhancing the Kingdom’s
regional position in entrepreneurship and innovation.
Kanakrieh
explained that the DMAN has initiated the second phase of the agricultural
project in the Al-Mudawara area this year. The project involves the production
of various crops such as wheat, table potatoes, industrial potatoes, animal
feed, and onions. The company is considering investments in the food production
chain and food industries, cultivating high-economic-feasibility crops, and
other crops for export.
He
further highlighted the ongoing expansion and rehabilitation project of the
Crowne Plaza Petra Hotel. This expansion includes the construction of the first
conference hall in the city with international specifications, along with 145
hotel rooms and chalets. The reopening of the hotel is expected to provide 200
direct job opportunities and stimulate sectors related to the tourism industry,
positioning Petra as a major destination for conference tourism in the south.
Regarding
the SSIF, Kanakrieh reported positive performance indicators. By the end of the
third quarter, the fund's assets reached approximately JD14.5 billion, compared
to JD13.8 billion, at the end of the previous year, with a growth rate of about
5.2 percent. The fund also achieved a 21 percent growth in income, reaching
JD611 million by the end of the third quarter of this year, compared to JD504.8
million for the same period last year.
Kanakrieh
emphasized that the fund operates by investment policy controls, prioritizing
viable national investments beneficial to the fund and the Jordanian economy.
He presented the fund's notable investments and projects, including
participation in partnership projects like the National Carrier Project, with
ongoing communication regarding project implementation and management with the
coalition that submitted an offer to the Ministry of Water and Irrigation.
The
strategic plan of the fund in the coming period focuses on studying investment
opportunities in sectors such as mining, energy, real estate development, and
communications. Additionally, the fund is interested in establishing new
tourism, entertainment, and commercial projects in Aqaba, financing new
projects through financial leasing, and participating in major national
projects, including partnership projects and those aligned with the economic
modernization vision.
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