Zarqa, Oct. 8 (Petra) — New government incentives for the automotive
manufacturing and assembly industry in the Kingdom are opening
promising investment and industrial prospects, strengthening the
industrial sector’s ability to attract high-quality investments,
increase added value, expand production and export capacity, and
ultimately reinforce Jordan’s position on the global automotive
industry map.

President of the Zarqa Chamber of Industry Fares Hammoudeh told the
Jordan News Agency (Petra) that the package of incentives approved by
the government to attract investment in automotive manufacturing and
assembly in Zarqa represents one of the most important
investment-supporting decisions, particularly as it takes into
account the specific nature of the automotive industry and its
production requirements. He said the incentives give Jordan an
opportunity to establish an automotive industry with a global
presence as part of its economic and industrial system.

He noted that investment in the automotive sector can absorb large
numbers of local workers across various job levels and
specializations, particularly technicians and engineers, both men and
women. He pointed out that the rapid technological development of
modern automotive manufacturing requires qualified human resources
capable of working with advanced technologies, thereby enhancing
employment opportunities and contributing to lower unemployment
rates.

Hammoudeh added that the nature of the incentives encourages
investment toward full-scale manufacturing and assembly rather than
limiting operations to semi-knockdown assembly, which would increase
the industry’s added value and maximize its impact on the national
economy, while also supporting key economic indicators, promoting
further growth, and strengthening the capacity to increase exports.

He explained that global automotive manufacturers operating in the
Kingdom will be able to benefit from free trade agreements concluded
with major countries and economic blocs, enhancing the ability of
locally manufactured products to access global markets and creating
opportunities to expand and diversify Jordan’s export base.

He noted that the incentive package has been designed as an
integrated system, covering benefits associated with the Zarqa
Development Zone, handling services at Aqaba Port, infrastructure and
labor costs, as well as tax exemptions on vehicles produced and sold
in the Jordanian market and exemptions granted to supporting
industries. The package also includes other incentives covering
various stages of the value chain and production processes.

Hammoudeh stressed that the integration of these incentives enhances
the attractiveness of Jordan’s investment environment to global
companies and paves the way for establishing an integrated automotive
industrial ecosystem encompassing manufacturing, supporting
industries, and the various links of the production chain, thereby
maximizing the sector’s economic and investment impact.

//Petra//WH