Jinsheng International lauds Jordan investment climate after plant openings

Karak, May 31 (Petra) — The inauguration of six new factories by
Prime Minister Jafar Hassan marks a significant milestone for
industrial investment in Jordan, reflecting growing foreign
confidence in the Kingdom’s regulatory stability and incentives, the
head of Jinsheng International said on Sunday.

Wu Jianbo, chief executive officer of the Chinese-owned company, told
the Jordan News Agency, Petra, that the enterprise has expanded from
a single facility in 2022 to a major complex of eight factories in
2026.

The group’s initial operations focused on porcelain, stair tiles, and
marble accessories. The newly inaugurated facilities expand
production into sanitary ware, stainless steel tanks and pipes,
lighting systems, electrical appliances, cardboard packaging,
mattresses, and tile adhesives, Wu added.

The company currently employs 800 residents in the region. The newly
opened plants are projected to generate over 700 additional jobs
within the next six months, bringing the company’s total workforce in
Jordan to approximately 1,500 employees.

Wu welcomed the prime minister’s directive to transition the
industrial complex into a designated development zone. The
designation will grant investors permanent fiscal incentives,
including a fixed 5% income tax rate and reduced sales taxes, which
Wu noted would enhance the global competitiveness of Jordan’s
industrial output.

The CEO praised the government’s infrastructure support, which
includes a JD7 million ($9.9 million) commitment to construct a
45-megawatt electrical substation to meet the company’s future
expansion needs. The government has also allocated 3,000 dunams (741
acres) of state land to accommodate 40 specialized factories, tied to
a corporate commitment from Jinsheng to create 2,000 full-time jobs
over the next three years.

In a related development, Zaal Kawalit, manager of the Adir
Cooperative Dairy Factory, praised a separate site visit by Prime
Minister Hassan to his facility on Sunday. Kawalit described the
visit as a strong sign of support for small-scale, community-based
enterprises.

The cooperative supports local livestock farmers by purchasing milk
at preferential rates to supplement rural household incomes, Kawalit
said, adding that the dairy project currently provides 13 local jobs,
primarily employing young women from the area.

//Petra// AF