Qatrana, May 31 (Petra) – Prime Minister Jafar Hassan on Sunday inaugurated six factories operated by China's Jinsheng International Group in the Qatrana area of Karak Governorate, a project expected to generate 700 jobs for residents of the governorate and neighboring areas and serve as the foundation for an integrated industrial complex.

During the inauguration, Hassan directed the initiation of procedures to designate the Qatrana industrial complex as a development zone, a step aimed at attracting additional investment and supporting industrial expansion in the area.

The Chinese company has benefited from incentives provided under Jordan's Investment Environment Law, as well as government support measures, including the provision of electricity and the construction of a dedicated electrical substation at an estimated cost of JD7 million. The project is intended to meet the complex's energy needs and support future expansion plans, in return for the company's commitment to create 2,000 jobs over the next three years.

The newly inaugurated facilities build on the company's existing presence in Qatrana, where it began operating two factories in 2022 that currently employ about 830 workers.

Jinsheng International specializes in the production of porcelain, electrical appliances, stainless steel products, lighting equipment, sanitary ware, and cardboard products. The company is also completing construction of three additional factories in Qatrana dedicated to glass, porcelain, and plastic manufacturing.

Since entering the Jordanian market in 2022, the group's investments have reached an estimated $830 million. The company is pursuing further expansion through industrial projects across the Kingdom, including two factories producing raw cardboard and iron in the King Hussein Bin Talal Development Area in Mafraq and a new iron manufacturing plant under construction in Zarqa Governorate, which is scheduled to begin operations before the end of the year.

Jinsheng has also leveraged Jordan's network of international trade agreements to expand its export footprint. Approximately 60% of its production is exported to Arab markets as well as Italy, Brazil, and the United States, with exports projected to reach $60 million in 2025.

Speaking during the inauguration ceremony, Hassan highlighted the government's commitment to supporting investors through facilitative measures and incentives, including extending benefits available to Jordanian industries to foreign industrial investments in order to enhance competitiveness in domestic markets.

He said the investment reflects the government's broader strategy to foster a conducive business environment and advance the Economic Modernization Vision by attracting investment, stimulating economic growth, and creating sustainable employment opportunities for Jordanians.

In a press statement, Wu Jianbo, chief executive officer and general manager of Jinsheng International Group, said Jordan offers a competitive investment climate underpinned by stability, enabling legislation, a strategic geographic location, and government support for investors.

Wu said the group's investments in Jordan have reached approximately $830 million across projects in Qatrana, Mafraq, and Zarqa. He added that government support for the establishment of a 45-megawatt power facility in Qatrana will strengthen the area's industrial infrastructure and serve as the cornerstone of an integrated industrial cluster expected to include around 40 Chinese manufacturing facilities under the group's future expansion plans.

//Petra// AJ