Investment volume up by 26.4 in 2020
shahennews
The value of investment projects benefiting from the Jordan Investment Commission’s (JIC) law reached JD618.4 million in 2020, up 26.4 percent from JD489.1 million in 2019.
In a press statement on Sunday, the JIC said that 376 projects, which created around 24,000 job opportunities, benefited from the law.
On the sector level, acting chairman of the JIC, Faridon Hartouqa, stated that the industry sector topped the list with JD404.14 million, or 65.3 percent, of the total registered investments, followed by the hospitals and medical centers sector with JD111.97 million, or 18.1 percent, the agricultural sector with JD43.13 million, or 7 percent, the information technology with JD32.24 million, or 5.2 percent, the tourism sector with JD25.63 million, or 4.1 percent, and the technical production sector with JD1.32 million, or 0.2 percent.
Hartouqa pointed out that the value of local investments that benefited from the law last year amounted to JD566.87 million, or 91.67 percent, while the value of foreign investment hit JD51.54 million, or 8.33 percent.
The JIC, he added, is committed to boosting the volume of investments that benefit from its law for during this year, pointing to plans to promote projects in top priority sectors and sectors with high added value, facilitate procedures and help investors with decision-making by providing them with information related to the investment environment and investment sectors and opportunities, in addition to access to potential investors.
//Petra//
