Jordan is taking significant strides in its industrial development with the approval of ambitious projects in the semiconductor and ceramics sectors.
The country has given the go-ahead for the establishment of a solar power semiconductor plant, estimated to cost $100 million. Jordan’s very own Philadelphia Solar Company will spearhead this venture, and the plant will be located in the Mushatta Industrial zone in the capital city, Amman.
Furthermore, a Chinese firm has expressed its commitment to invest around $65 million in the construction of a ceramics plant in Al-Karak city in the western part of Jordan. While the firm’s name remains undisclosed, this investment is poised to bolster the ceramics industry in the region and drive economic growth.
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In addition to these significant developments, a noteworthy Canadian firm has also shown interest in investing in an aluminum rolls plant in Jordan. The project is earmarked for the Southern port city of Aqaba and is estimated to cost $40 million. Once operational, this facility is projected to produce 120,000 tonnes per year, further contributing to Jordan’s industrial expansion and boosting its position in the aluminum market.
Chairman of Amman Chamber of Industry, Fatehi Al-Gaghbeer, conveyed the positive news about these projects, highlighting the increasing interest from international investors in Jordan’s thriving industrial landscape.
The establishment of these plants will not only create employment opportunities but also enhance Jordan’s economic competitiveness and position it as a hub for semiconductor, ceramics, and aluminum production in the region.
