Six programmes to drive growth in Chemical, Cosmetics Industry, targeting JD2b by 2029
The Jordan Times
AMMAN — National Strategy for the Chemical and Cosmetics Industry (2027–2029) outlines six programmes to improve productivity, promote high-value manufacturing and expand exports, targeting shipments worth more than JD2 billion ($2.82 billion) by 2029.
The Ministry of Industry, Trade and Supply developed the strategy in partnership with the Jordan Chamber of Industry (JCI) and key public and private sector stakeholders to modernise the industry, strengthen industrial integration and increase its contribution to national economic growth.
The "Kafaa efficiency" programme aims to reduce industrial energy costs by 15 per cent and increase labour productivity by 20 per cent by 2029 through smart manufacturing and predictive maintenance, the Jordan News Agency, Petra, reported.
The "Aaali Al Qimah" high-value initiative seeks to increase premium products’ share of total output from 15 per cent to 25 per cent, focusing on specialised intermediate chemicals, smart fertilisers, bio-pesticides and high-value Dead Sea derivatives.
The "Takamul" integration programme aims to raise local content to more than 15 per cent by linking manufacturing operations with national mineral resources and establishing internationally accredited laboratories to strengthen domestic supply chains.
The "Tamkeen" empowerment programme seeks to double new capital inflows through concessional financing, streamlined regulatory frameworks and enhanced technology transfer.
The "Nafath" export programme focuses on diversifying export markets and making better use of trade agreements to increase the sector’s exports to more than JD2 billion by 2029.
The "Imtithal" compliance framework aims to align domestic industrial processes with international environmental standards, including the European Union’s Carbon Border Adjustment Mechanism (CBAM), through advanced carbon-footprint measurement and international accreditation systems.
The strategy follows the ministry’s launch earlier this month of three coordinated sectoral strategies covering engineering, food and chemical manufacturing.