Amman, August 13 (Petra) – Jordan’s industrial sector is
“well-positioned” to expand into regional and international markets,
thanks to its “diverse” production capacity and strong export
potential, according to Chairman of Jordan Chamber of Industry (JCI)
Fathi Jaghbir.

In a statement Thursday, Jaghbir welcomed a new International Labour
Organization (ILO) report, titled: “Market Systems Analysis of
Priority Sectors for Inclusive Growth in Jordan: Food Industry, Food
Services, and Chemicals” that pinpoints food manufacturing, services,
and chemical industries as the Kingdom’s primary drivers for job
creation and inclusive growth.

Describing small and medium-sized enterprises (SMEs) as “primary
drivers” of economic growth, Jaghbir called for expanding access to
financing and market data. He added that boosting SME production,
management, and marketing capabilities is “critical” to helping them
reach new markets.

He also called for cutting production costs, boosting productivity,
and improving energy efficiency. Strengthening supply chains and
workforce skills, he added, remains “key” to sharpening the
competitive edge of industrial firms.

Expanding export destinations is equally critical, Jaghbir noted,
urging “stronger” trade links and better market intelligence to help
businesses understand global buyer trends, diversify their products,
and enter new markets.

On its vision, he said the JCI remains focused on boosting the
industrial sector’s contribution to the national economy.

//Petra// HA