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New project brings Dead Sea products to Muwaqqar Industrial Estate

By JT - Mar 19,2016 - Last updated at Mar 19,2016

AMMAN — Jordan Industrial Estate Company (JIEC) announced  on Saturday that a new Jordanian project, specialised in manufacturing Dead Sea products, was entering the Muwaqqar Industrial Estate with a JD1.5 million investment volume.

A JIEC statement said an agreement for the investment, which will provide around 45 job opportunities, was signed between Chief Executive Jalal Al Debei and Mohammad Al Rifai, general manager of La Cure Jordan for Dead Sea.

During the signing ceremony, Debei said the investment is a clear indication of the incentives issued recently by his company to create an attractive investment environment to establish projects. He added that industrial investments in general are "the best approach", highlighting the recent large investment specialised in manufacturing paper and cardboard.

Rifai described JIEC's incentives as encouraging and supportive to industrial investment, commending its role in the field. He said that Jordan enjoys many features to attract investments, yet the government must benefit from regional conditions and consider them "opportunities" to increase the volume of foreign investment. 

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