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23/ Minister urges development zones to prioritize sustainable community impact
Amman, Dec. 29 (Petra) – Minister of Investment, Tariq Abu Ghazaleh, emphasized that the success of development and free zones is measured not only by investment volume but also by their ability to generate sustainable developmental benefits for surrounding communities. According to a ministry statement issued Monday, Abu Ghazaleh made the remarks during the second quarterly meeting of developers of development and free zones. He called on developers to enhance corporate social responsibility initiatives, support local employment, build capacities, and improve service levels to positively impact communities in the governorates. Abu Ghazaleh highlighted the role of development zones, cities, and industrial parks as active partners in stimulating economic growth. He affirmed the Ministry’s ongoing efforts to attract investments by streamlining procedures, improving the business environment, and enabling investors to benefit from legislative incentives, particularly in development and industrial zones. Noting continued growth in investment volume within the zones, Abu Ghazaleh stressed the need to sustain growth rates, expand employment, and maximize job creation, in line with the objectives of the Economic Modernization Vision. He also announced that the Ministry will periodically evaluate the performance of development zones through monitoring mechanisms and performance indicators to ensure the achievement of their goals. The meeting included briefings by directors and developers on key investment opportunities and challenges, as well as discussions on development visions, implementation plans, and future projects for each zone. It concluded with a set of decisions and recommendations aimed at enhancing coordination among relevant ministries and institutions. Development and free zones were instructed to improve responsiveness to economic changes, operate according to their specific characteristics, and strengthen cooperation and integration, thereby increasing investment attractiveness and maximizing economic and social impact. //Petra// AJ
29/12/2025 16:21:21
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