AMMAN — The
Lower House Economy and Investment Committee launched a series of national dialogues on the draft law regulating
the investment environment for 2022, its head, MP Khair Abu Sa’ilik was quoted
by the Jordan News Agency, Petra, as saying.
اضافة اعلان
Chairing a
committee meeting on Sunday to discuss the draft law, attended by
Minister of Investment Khairy Amro, Abu Sa’ilik said the committee will discuss the bill in
a way that serves public interest, adding that the draft law will take into
consideration the need to provide job opportunities and stimulate investment in
the Kingdom, with a view to providing job opportunities and lowering
unemployment.
The deputies
said that the existence of many laws and regulations discourages investment,
and stressed the need to have a stable legislative environment in the country.
Amro said the
draft law, which will help boost the competitiveness of various sectors, is a
“starting point” for improving the Kingdom’s investment environment. Jordan’s
investment roadmap will be ready in September, he added.
Abu Sa’ilik also
said that the panel will submit a recommendation to the Cabinet to establish an
industrial estate in central Zarqa Governorate.
In September
last year, a senior official said that the government was finalizing plans to
establish an industrial estate in Zarqa Governorate at a cost of JD25 million.
Director-General
of the
Jordan Industrial Estates Company Omar Juweied had told Jordan News that a tender was to be floated at the end of October to execute the
construction work on a 1,000-dunum area, a project listed in the government’s
economic program for the period 2021–2023, and scheduled to be completed in two
years.
The estate was to
offer the necessary infrastructure to attract local and foreign investment,
create jobs for Jordanians, contribute to GDP, and support Jordan’s exports.
The Zarqa
Industrial Estate would join 10 similar zones existing across the Kingdom.
According to President
of the Zarqa Chamber of Industry Fares Hammoudeh, Zarqa is home to 50 percent
of the country’s industrial projects.
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