Italian delegation values industrial estates

AMMAN — An Italian delegation of investors on Wednesday expressed interest to invest in industrial estates, due to the characteristics and investment incentives they offer.

The Jordan Industrial Estates Corporation (JIEC) said the delegates praised the Kingdom's effort in promoting the investment environment in different international events.

During their visit to the corporation, the delegates listened to a briefing from JIEC Chief Executive Ali Madadha on the Jordanian "successful" experiment in designing, executing and promoting the Kingdom's industrial estates.

Madadha reviewed the new projects JIEC is willing to implement, financed by the Saudi Development Fund, in the governorates of Jerash, Balqa and Madaba, stressing that Italian investors are welcome to run their schemes in the Kingdom's industrial estates.

The delegates included high-profile Italian investors in the fields of kitchens, real estates, constructions and experts in the Euro-Mediterranean economic relations, and were accompanied with Jordanian businessman Adnan Rousan who is expert in the Italian market for more than 30 years.

Rousan announced that arrangements are undergoing to organise a visit by a delegation of tens of Italian investors who might be accompanied with Italian officials to have a firsthand look on Jordan's industrial estates and invest in the Kingdom.