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JEDCO signs grant agreements with 45 industrial companies

By JT - Nov 24,2012 - Last updated at Nov 24,2012

AMMAN — Forty-five representatives of industrial companies from across Jordan on Saturday signed grant agreements to benefit from the second phase of a programme implemented by the Jordan Enterprise Development Corporation (JEDCO). The European Union (EU)-funded three million euro programme seeks to increase the competitiveness of micro and medium businesses in the local and international markets, according to a statement received by The Jordan Times. During the signing ceremony, JEDCO Chief Executive Officer Yarub Qudah said the corporation has managed through the programme’s first phase to support 1,764 projects with a total value of JD6.3 million, in addition to extending JD10.6 million euro in financial support to 589 industrial entities under another EU-funded programme.

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