Amman, July 6 (Petra) - Government incentives have boosted investment in Tafileh Indusrial Estate and increased occupancy rates, according to Obaid Yassin, Jordan Industrial Estates Corporation (JIEC) Chair.

Yassin said reduced electricity costs, lower land prices, and other incentives helped attract new industrial projects, supporting job creation and investment growth in line with the Kingdom's Economic Modernization Vision (EMV).

Adey Obaidat, JIEC's Director General, said that the estate secured 29 projects valued at roughly JD90 million. The initiatives initially created 170 jobs, with that figure expected to scale to 800 at full operation.

He added that the company is actively promoting further investment in southern Jordan while working to support investors and eliminate regulatory hurdles.

//Petra// HA