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Singaporean Ramatex Group to invest $20m in Muwaqar, Karak industrial cities
By Petra - Jul 08,2014 - Last updated at Jul 08,2014
AMMAN — Singaporean Ramatex Group which manufactures NIKE sports equipment has chosen the Kingdom to establish its first project in the Middle East with an investment valued at $20 million. Jordan Investment Commission Acting Chief Khaled Abu Rabei on Tuesday said the investment will be divided into several phases in Muwaqar Industrial City and Karak Industrial City. Abu Rabei added that the project will provide job opportunities to residents of south Amman and Karak governorate. Abu Rabei briefed a delegation representing the group on the investment opportunities available in Jordan and the facilities presented to investors.
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