By : Dr. Mohammad Abu Hammour
Jordan Daily – Jordan’s industrial estates are emerging as pivotal engines for economic development, job creation, and regional empowerment. Recent data from the Jordan Industrial Estates Company reveal that the ten estates under its management now host 975 industrial firms, collectively employing around 63,000 people and generating over JD 3 billion in total investment. In 2024 alone, the sector attracted 211 new investments, totaling nearly JD 240 million, with an estimated 11,000 jobs to be created in the operational phases of these projects.
In a noteworthy move, the government recently approved a set of new incentives for investors in Tafileh Industrial Zone, including reduced land prices and free electricity for three years. These come in addition to long-standing benefits such as wage support, reduced handling fees, and legislative reforms designed to enhance Jordan’s competitiveness.
Such initiatives represent a strategic continuation of efforts to support industrial investment, particularly in underserved provinces grappling with high unemployment and limited economic opportunity. However, the success of these initiatives depends not only on financial incentives but also on the broader ecosystem that supports business growth.
To sustain this momentum, it is crucial to ensure fair, consistent, and long-term application of incentives to both new and existing investors. Simplifying bureaucratic procedures, streamlining project approvals, and ensuring reliable access to affordable energy—such as gas—must be prioritized. Additionally, training and upskilling local communities to meet labor market demands will significantly improve productivity and align workforce capabilities with industry needs.
Equally important is the development of modern logistics services and robust infrastructure—from electricity and water to telecommunications and support facilities—that allow industrial cities to meet investor expectations and enable efficient, focused operations.
Encouraging investment in industrial zones is not merely an economic strategy; it is a national imperative that strengthens the foundation of a competitive business environment and drives sustainable development across the Kingdom.
By empowering local industry, expanding job opportunities, and fostering self-reliance, Jordan can build a more resilient and inclusive economy. Continued collaboration between the public and private sectors, along with clear information-sharing, technical support, and the adoption of advanced production technologies, will further enhance productivity and the global competitiveness of Jordanian industries.
Dr. Mohammad Abu Hammour is an economist and a former Minister of Finance.
