Amman: Jordan Free and Development Zones Group (JFDZ), a government-owned company, has started handing out 16 investment contracts to firms specialized in the transit and export trade sector, as part of a drive to promote investor opportunities in Queen Alia International Airport (QAIA)’s free zone.
According to a JFDZ statement on Sunday, the group referred to a promotion campaign for a number of investor opportunities, which targets the transit trade sectors and companies working in exporting food, pharmaceutical and agricultural products, whose activity requires speedy handling and shipping, within an infrastructure equipped according to the latest global standards.
JFDZ Director General, Abdul Hameed Gharaibeh, said 45% of the new contracts are foreign investment, while 55% went to Jordanian private sector companies, indicating that these investments would contribute to providing new job opportunities for Jordanian youth.
Gharaibeh noted QAIA’s free zone has become at “the forefront” in Jordan’s free estates, as an investor destination by various investment sectors, thanks to the new tax exemptions launched in Jordan’s newly-endorsed Investment Environment Law.
In addition, he referred to Royal directives, which reflected positively on enhancing smart services, infrastructure and performance of the JFDZ’s unified service center.
Due to increasing demand, he noted JFDZ administration will announce similar new investment opportunities in the coming months.
Source: Jordan News Agency