Industry accounts for 25% of GDP ­— ACI

aci
(File photo: Jordan News)
AMMAN — Secretary General of the Amman Chamber of Industry (ACI) Tamim Al-Qasrawi said on Sunday that the industrial sector makes up 25 percent of Jordan’s GDP, Al-Mamlaka TV reported. He said industrial production in Jordan has reached JD18 billion, stressing that the sector’s proved its resilience during the COVID-19 pandemic. Qasrawi said that “if interest in this sector increases in an appropriate manner, Jordan will become an industrial country capable of producing, exporting, and reducing unemployment and poverty.” “In order to become an industrial country, bureaucracy must be reduced and procedures simplified as much as possible, so that the business environment becomes smooth,” said Qasrawi, adding that several obstacles and challenges stand in the way of investment in industry. He explained that more than 70 percent of the recommendations the sector made for the Investment Law had been adopted. Read more Business Jordan News   (window.globalAmlAds = window.globalAmlAds || []).push('admixer_async_509089081')   (window.globalAmlAds = window.globalAmlAds || []).push('admixer_async_552628228') Read More Natural Gas Prices in Europe Rise Again Amid Cold Weather European Stock Markets Close with Collective Gains Strong Demand for Clothing in the Last Ten Days of Ramadan
AMMAN — Secretary General of the Amman Chamber of Industry (ACI) Tamim Al-Qasrawi said on Sunday that the industrial sector makes up 25 percent of Jordan’s GDP, Al-Mamlaka TV reported.
 


He said industrial production in Jordan has reached JD18 billion, stressing that the sector’s proved its resilience during the COVID-19 pandemic.

Qasrawi said that “if interest in this sector increases in an appropriate manner, Jordan will become an industrial country capable of producing, exporting, and reducing unemployment and poverty.”

“In order to become an industrial country, bureaucracy must be reduced and procedures simplified as much as possible, so that the business environment becomes smooth,” said Qasrawi, adding that several obstacles and challenges stand in the way of investment in industry.

He explained that more than 70 percent of the recommendations the sector made for the Investment Law had been adopted.


Read more Business
Jordan News