Tafileh Industrial Estate Attracts JD 90 Million in New Investments

Tafileh: Government incentives have boosted investment in Tafileh Industrial Estate and increased occupancy rates, according to Obaid Yassin, Jordan Industrial Estates Corporation (JIEC) Chair. Yassin stated that reduced electricity costs, lower land prices, and other incentives have been instrumental in attracting new industrial projects, which support job creation and investment growth in alignment with the Kingdom's Economic Modernization Vision (EMV).

According to Jordan News Agency, Adey Obaidat, JIEC's Director General, announced that the estate has secured 29 projects valued at approximately JD90 million. These initiatives have initially created 170 jobs, with expectations to expand this number to 800 as operations reach full capacity. Obaidat emphasized the company's active efforts in promoting further investment in southern Jordan and its commitment to supporting investors by eliminating regulatory hurdles.