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King urges increased industrial production, expansion to new markets

23/6/2020

King urges increased industrial production, expansion to new markets
His Majesty King Abdullah on Monday commended local industries, stressing the importance of increasing their production rate and expanding their export base by reaching new markets.

King Abdullah, accompanied by His Royal Highness Crown Prince Al Hussein bin Abdullah II, viewed local medical and food processing products at the Ministry of Industry, Trade and Supply and Al Hussein Park, and urged developing export promotion programmes and measuring their impact.

His Majesty said research efforts must be coordinated with universities and research centres to develop local industries, calling for addressing the challenges hindering the expansion of production and developing new products.

The samples on display included medical supplies and equipment, sterilisation materials, and foodstuffs that meet domestic and export needs during the coronavirus disease (COVID-19) pandemic.

Minister of Industry, Trade, and Supply Tariq Hammouri, gave a briefing on the governments efforts to enhance the competitiveness of Jordanian exports.

Through partnerships with the private sector, national exports reached JD5 billion last year, recording a 6.8 per cent growth for the first time since 2014, with industrial exports accounting for 93 per cent of total exports, Hammouri said.

The private sector has proven its ability to adapt in light of the COVID-19 crisis, the minister added, as Jordan relied on local industries to produce medical equipment and supplies, as well as foodstuffs.

The King was briefed by representatives of 20 national companies on their products, and the main challenges facing efforts to expand production. They also highlighted government measures that helped increase exports during the COVID-19 crisis.

At Al Hussein Park, His Majesty and Crown Prince Al Hussein viewed fully equipped field hospitals developed at the King Abdullah II Design And Development Bureau, in cooperation with the private sector, for emergencies and crises.

A number of senior officials accompanied the King on the visit.
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