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Amman, June 4 (Petra) — Tafileh Industrial City has secured a new
industrial investment in the engineering and electrical manufacturing
sector, marking the first project of its kind in the industrial zone
and highlighting ongoing efforts to diversify industrial activity
beyond Jordan’s traditional manufacturing sectors.
The Jordan Industrial Estates Company (JIEC) announced Thursday that
the project, valued at around JD2 million, will be established by
IRIS Manufacturing Technologies and is expected to create
approximately 40 direct jobs during its operational phases.
The investment adds a new industrial activity to Tafileh Industrial
City, which has traditionally hosted sectors such as plastics, food
processing, textiles and sanitary paper manufacturing.
JIEC Director General Oday Obaidat said the project reflects growing
confidence among investors in the industrial environment offered by
Jordan’s industrial estates, citing advanced infrastructure, ready
industrial facilities and a package of investment incentives designed
to support business expansion.
He described the investment as a qualitative addition to Tafileh
Industrial City and noted that it aligns with the company’s strategy
of attracting industries capable of generating higher value-added
production and strengthening local industrial supply chains.
According to Obaidat, the project is expected to contribute to local
economic development in Tafileh Governorate while creating new
employment opportunities and enhancing industrial integration within
the city.
IRIS Manufacturing Technologies said the facility will serve as an
expansion of its existing operations at the King Abdullah II
Industrial Estate and will utilize advanced production technologies
that comply with international quality and efficiency standards.
The company indicated that production will initially target the
domestic market before gradually expanding into export markets across
neighbouring countries, the Gulf region and the United States.
The investment was supported by a package of incentives offered to
investors in Tafileh Industrial City, including free electricity for
new factories for three years, reduced electricity tariffs extending
for up to a decade, support through employment-focused production
branch programs and a 50 percent reduction in container-handling fees
for exports shipped through Aqaba Port.
Company officials said these incentives help lower operating costs
and improve the competitiveness of locally manufactured products
while enhancing the attractiveness of industrial investment in the
governorate.
The announcement comes as Tafileh Industrial City continues to expand
its industrial base. The city currently hosts around 27 companies
with total investments exceeding JD59 million and is expected to
generate more than 800 jobs across various projects once fully
operational.
Developed as one of Jordan’s emerging industrial hubs, the city
offers investors serviced industrial land, advanced infrastructure
and ready-built facilities designed to accommodate medium-sized and
light manufacturing industries.
//Petra// RZ