AMMAN — Investment in the first phase of Al-Salt Industrial City, managed by the Jordan Industrial Estates Company (JIEC), has exceeded JD50 million, with an occupancy rate of around 83 per cent over the past five years.

 

The industrial estate has attracted 34 companies and is expected to draw an additional 52 firms, with total investments projected at JD83 million, officials said.

 

Al Salt Industrial City has witnessed rapid development, marked by a "qualitative leap" in both the number and calibre of industrial enterprises, contributing to job creation in Balqa Governorate, according to Director of Al Salt Industrial City Mahmoud Tommalieh.

 

In an interview with the Jordan News Agency, Petra, Tommalieh said that 17 factories are currently operational, providing around 400 direct job opportunities, a figure expected to rise to 1,300 in the coming period.

 

He attributed the growing investor interest to government measures, including customs and tax exemptions and reductions in land prices, expressing optimism about further expansion in both the number and diversity of factories and companies. These incentives, he noted, directly stimulate investment and support the growth of existing businesses.

 

Key industries targeted in the city include food processing, pharmaceuticals, chemicals, plastics, textiles and paper, in addition to printing, packaging and logistics services, he said.

 

Tommalieh also highlighted a comprehensive package of services offered to industrial investors, including fully developed and serviced land plots, ready-to-use buildings available for sale or lease, and integrated infrastructure supported by a road and logistics network.

 

He further pointed to competitive sale and rental rates, flexible payment facilities and streamlined procedures through a single investment window, as well as full and permanent exemptions from property taxes, Petra reported.