Economy

Investment volume at free, development zones reaches JD460 million in 2021

shahennews

 The volume of registered Arab and foreign investments in public and private free and development zones across the Kingdom reached 52.2 percent in 2021, with a total of JD460 million of qualitative investments.

on Sunday, Director-General of the Jordan Free and Development Zones Group (JFDZG) AbdulHamid Gharaibeh said that Jordanian investors ranked first by taking 52 percent of the total number of investors, with JD415 million of investments, acting for is 47.4 percent of the zones’ registered capital.

“Arab investors ranked second with 45.1 of the total number of investors, putting JD285 million, which is 32.5 percent of the zone’s capital, followed by foreign investors with 2.9 percent of the total number of investors, investing about JD176 million, which represents 2.9 percent of the zone’s capital” he added.

As for the investment contracts, Gharaibeh said that it reached 3,317 at the end of 2021, categorized into industrial, commercial, tourism and service areas.

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