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وكالة الانباء الاردنية
Zarqa automotive incentives boost investments
The article discusses the government incentives approved by the Kingdom to stimulate the automotive manufacturing and assembly industry in the Al-Zarqa region, aimed at opening promising investment and industrial horizons. These incentives focus on attracting high-quality investments, increasing added value, and expanding production and export bases, thereby strengthening Jordan's position on the global automotive industry map. The report highlights that these incentives support full manufacturing and assembly, offering benefits such as tax exemptions, infrastructure cost coverage, handling at the Aqaba Port, and advantages from free trade agreements. Additionally, investment in the sector contributes to local employment, especially for technicians and engineers, stimulates economic growth, and enhances the capacity to export products domestically and to Europe. In conclusion, these incentives create an attractive investment environment that supports the development of an integrated automotive industrial ecosystem, spanning from manufacturing to supporting industries, maximizing the sector's economic impact.
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