Amman, June 9 (Petra) — The government’s decision to raise the price
preference margin granted to locally manufactured products in public
tenders to 20 percent is expected to strengthen industrial activity,
stimulate investment and create new employment opportunities,
according to Minister of Industry, Trade and Supply Yarub Qudah.

The decision, recently approved by the Cabinet, forms part of broader
efforts to enhance the contribution of the industrial sector to
economic growth and increase the role of local production in meeting
government procurement needs.

In a statement issued Tuesday, Qudah said the move represents a
significant step toward empowering national industries and improving
the competitiveness of Jordanian products in the domestic market.

He noted that expanding the preference margin will provide local
manufacturers with greater opportunities to benefit from government
spending, while supporting policies aimed at increasing reliance on
domestic production and retaining more value within the national
economy.

According to Qudah, the industrial sector possesses advanced
production capabilities and accumulated expertise that enable it to
meet the technical, engineering and operational requirements of
government institutions across a wide range of sectors.

He said the decision is expected to expand demand for locally
manufactured goods, encouraging factories to increase production,
broaden operations and undertake additional investments.

The minister emphasized that the measure carries particular
importance given the industrial sector’s role as one of the largest
generators of employment opportunities.

Higher demand for domestic products is expected to support job
creation not only within manufacturing facilities but also across
supporting sectors and local supply chains linked to industrial
activity, he said.

Qudah added that increasing the share of local products in government
procurement effectively channels public spending back into the
economy by supporting national companies, stimulating production and
strengthening business sustainability.

He also noted that the decision could contribute to attracting
additional industrial investment and encouraging the expansion of
existing projects.

The minister said the measure aligns with the objectives of the
Economic Modernization Vision, which identifies industry as a
strategic sector capable of accelerating economic growth, increasing
exports and generating sustainable employment opportunities.

He stressed that the government will continue implementing policies
aimed at enhancing the competitiveness of local industries and
supporting their growth in both domestic and international markets.

Qudah said the ministry will work closely with relevant government
entities to monitor implementation of the decision and ensure that
its economic objectives are achieved, including increasing the share
of local products in public procurement and reinforcing the role of
industry as a key pillar of sustainable economic development.

//Petra// RZ