AMMAN — Investments benefiting from the
Investment Law
totaled JD657 million during the January–September period of this year, up by
29 percent over the correspondent period of 2021, when they had reached JD511
million, according to the Jordan News Agency, Petra.
اضافة اعلان
According to an
Investment Ministry statement released Monday, local investments contributed
83.3 percent, or JD547 million, of the total investment, while foreign
investments made up 16.7 percent, or JD109.8 million.
The industry
sector took the lion’s share of the total investments registered during the
said period, with 57.8 percent (JD379.6 million), followed by the tourism
sector with 29.8 percent (JD195.5 million), hospitals and the medical centers
sector with 6 percent (JD39.1 million), the agriculture sector with 3.7 percent
(JD24.2 million), and other sectors and economic activities with 2.8 percent.
The statement
said the ministry attracted 312 projects in the first nine months of this year,
creating more than 13,000 job opportunities.
Investments
benefiting from the Investment Law that are outside development zones
constituted 91.9 percent, or JD603.6 million, while those inside development
zones took 8.1 percent (JD53.3 million) of the total investments.
The statement also mentioned
a law issued Sunday, regulating the investment environment for the year 2022,
which, it said, clearly defines investment regulations and legislation in
Jordan, outlines investors’ rights, features, and duties, and facilitates
economic procedures.
Read more Business
Jordan News