Amman: Jordan's industrial sector is "well-positioned" to expand into regional and international markets, thanks to its "diverse" production capacity and strong export potential, according to Chairman of Jordan Chamber of Industry (JCI) Fathi Jaghbir.
According to Jordan News Agency, Jaghbir welcomed a new International Labour Organization (ILO) report, titled: "Market Systems Analysis of Priority Sectors for Inclusive Growth in Jordan: Food Industry, Food Services, and Chemicals." The report identifies food manufacturing, services, and chemical industries as the Kingdom's primary drivers for job creation and inclusive growth.
Jaghbir highlighted the role of small and medium-sized enterprises (SMEs) as primary drivers of economic growth and called for expanding access to financing and market data. He emphasized that enhancing SME production, management, and marketing capabilities is critical to helping them reach new markets.
He also advocated for reducing production costs, boosting productivity, and improving energy efficiency. Strengthening supply chains and workforce skills, Jaghbir added, remains key to sharpening the competitive edge of industrial firms.
Expanding export destinations is equally critical, Jaghbir noted, urging stronger trade links and better market intelligence to help businesses understand global buyer trends, diversify their products, and enter new markets.
On its vision, he said the JCI remains focused on boosting the industrial sector's contribution to the national economy.