Amman, Aug. 3 (Petra) — The Jordan Industrial Estates Company (JIEC)
said the Cabinet’s decision to extend reduced land sale prices in the
industrial cities of Madaba, Tafilah and Salt for an additional three
years will help sustain industrial investments and support economic
growth.

JIEC Director General Odei Obaidat welcomed the decision, saying it
will allow existing companies to complete their production projects
while reinforcing the government’s commitment to supporting the
industrial sector and strengthening the investment environment in the
governorates.

In a statement on Monday, Obaidat said the decision sends a positive
message to local and foreign investors by providing existing
companies with greater certainty to complete their projects while
encouraging new value-added industrial investments.

He said the incentives are expected to increase occupancy rates in
the industrial cities covered by the decision, stimulate economic
activity and create additional sustainable employment opportunities
in Madaba, Tafilah and Salt.

According to Obaidat, the incentive program introduced in 2019 has
generated tangible results, attracting more than JD162 million in
investments to the three industrial cities by the end of the first
half of 2026 and creating over 1,640 jobs.

He said occupancy rates in the three industrial cities have increased
from 27.5 percent to 40 percent, demonstrating the effectiveness of
government policies aimed at directing investment to the governorates
and promoting balanced regional development.

Obaidat added that the extension will enable JIEC to continue
facilitating eligible companies’ access to the incentives while
stepping up efforts to market Jordan’s industrial cities and attract
additional value-added industrial projects, supporting economic
growth and expanding national exports.

He said the decision is aligned with the Economic Modernization
Vision and enhances the competitiveness of Jordan’s industrial cities
through advanced infrastructure, integrated services and attractive
investment incentives.

Obaidat reaffirmed the company’s commitment to working with
government partners to provide a competitive investment environment
and high-quality services for investors, contributing to local
economic development and creating more employment opportunities
across the governorates.

According to JIEC data, total investment in Madaba Industrial City
reached approximately JD52 million by the end of the first half of
2026, supporting projects that created 550 jobs.

Investment in Salt Industrial City totaled JD48 million, generating
300 jobs, while Tafilah Industrial City attracted nearly JD63 million
in investments, creating 792 jobs.

//Petra// RZ