Amman: Jordan and Amman Chambers of Industry have expressed their support for the Cabinet's recent decision aimed at attracting new industrial investments to Tafileh Industrial Estate (TIE). The decision includes exempting new investors from electricity tariffs for a year and providing free energy for three years from the project's operational date.
According to Jordan News Agency, Fathi Jaghbir, the Head of the Jordan and Amman Chambers of Industry, stated that this decision would significantly reduce TIE's land prices by 50%, lowering the cost per square meter from JD10 to JD5. Jaghbir believes that these incentives will draw more investments to the Tafileh estate, leading to increased job opportunities for the residents of the southern governorate.
To further enhance the feasibility of these initiatives, Jaghbir suggested expanding the incentives to cover all industrial estates across the Kingdom. This move is expected to stimulate industrial investment in various governorates and create additional employment opportunities.
Jaghbir also highlighted the pivotal role of the Kingdom's industrial sector, which currently employs about 260,000 workers, in generating new jobs. This development is seen as a crucial step in addressing the issues of poverty and unemployment in the governorates.