By : JD News Editor
Jordan Daily – Jordan is expanding support for its industrial sector as part of the second executive programme of the Economic Modernisation Vision, allocating JD112 million to the Industry Development and Support Fund for 2026–2029.
The funding, expected to benefit around 1,000 industrial firms, aims to boost exports, increase value added and turn government support into a driver of growth and job creation.
Raad Al-Tal, professor of economics at the University of Jordan, said widening the support programs is a positive step, particularly for small and medium-sized enterprises struggling with high financing and energy costs.
He noted in press remarks, seen by Jordan Daily the effectiveness of support should be measured by its impact on production, employment and exports, not just spending levels, calling for a focus on high value-added and export-oriented industries.
Al-Tal also stressed the need for transparent targeting, faster disbursement, support for technological transformation and energy efficiency, and clear performance indicators to ensure measurable results.
