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AMMAN — The Cabinet’s decision to raise the price preference for locally manufactured industrial products reflects the government’s commitment to supporting the industrial sector as a key driver of economic growth, Minister of Industry, Trade and Supply Yarub Qudah said on Tuesday.
Under the decision, the price preference for Jordanian products in government tenders was increased from 15 per cent to 20 per cent, giving local industries priority even when their prices are up to 20 per cent higher than imported alternatives, provided they meet approved technical and engineering standards.
Qudah said the move represents a “qualitative leap” in empowering national industries and enhancing their competitiveness in the domestic market, the Jordan News Agency, Petra, reported.
He said the decision aligns with state efforts to boost self-reliance, promote local production and maximise value added within the national economy, adding that Jordanian factories have the capacity and expertise to meet the technical requirements of various government entities.
Qudah said that the higher price preference would expand demand for local products, enabling factories to scale up production and increase investment.
He also highlighted the industrial sector’s key role in job creation, stressing that greater demand for local output would translate into higher employment opportunities across factories, related industries, services and supply chains.
“Every increase in the national product’s share of government spending represents a direct investment in the Jordanian economy,” Qudah said, adding that it supports production, strengthens local companies, improves business sustainability and encourages further industrial expansion.
