AMMAN — President of the
Jordan Housing Development Association (JHDA) Kamal Awamleh asked the government to expedite
its endorsement of the draft regulation on reduced property fees, noting that
the draft is with the Cabinet and needs to be referred to the Lower House for
approval, according to Ad-Dustour daily.
اضافة اعلان
Awamleh said that government exemptions provided to
the housing sector contributed to an increase in the volume of real-estate
trading during the past year.
He said that the volume of real estate trading during January
was 20 percent less compared to the same period in 2021, attributing this to
the blizzard and frost wave.
He pointed out that the sector's indicators during
2021 were good, as the sector recorded big sales of apartments and land
compared to 2020, all due to the government exemptions.
He said that the three-month period of exemptions
approved by the government until the end of March is not enough to start any
new project in light of the delay in completing the necessary licensing
transactions for any project.
The
Jordan Investors Association had earlier requested
from the prime minister to extend the government-approved exemptions.
Read more Business
.jpg)
.jpg)
