Al Salt, Dec 20 (Petra) -- Investment in the first phase in Al-Salt Industrial City, managed by the Jordan Industrial Estates Company, topped JD50 million, with an occupancy rate of about 83 percent in five years.

The industrial estate has attracted 34 businesses, and is expected to lure in 52 other companies with a total investment volume of JD83 million, according to officials.

Al-Salt Industrial City has seen rapid development with a "qualitative leap" in the number and quality of industrial companies, which created job opportunities for people in the Balqa Governorate, said the industrial estate's director, Mahmoud Tommalieh.

He told Petra in an interview that there are currently 17 operational factories that have created about 400 real job opportunities, and the figure is expected to reach 1,300.

Tommalieh said government measures, including customs and tax exemptions and land price reductions, have encouraged investors to the Al Salt Industrial City, voicing hope for an expansion in the number and variety of factories and companies, given the incentives which directly spur investment and expand existing businesses.

Key industries targeted in the city are food, pharmaceuticals, chemicals, plastics, textiles, and paper, in addition to printing, packaging, and logistics services, he said.

He referred to a whole package of services for industrial investors, including developed and serviced land plots, ready-to-move-in buildings available for sale or lease, and an integrated infrastructure with a network of roads and logistics.

He also pointed to competitive sale and rental prices, payment facilities and simplified procedures through a single investment window, as well as a full and permanent property tax exemptions.

//Petra//SS

20/12/2025 16:43:50