King meets delegation representing investors at QIZ

Amman
12 October 2004

His Majesty King Abdullah II affirmed
his support to Qualified Industrial Zones QIZ being one of the basic pillars
of economic growth and a mainstay to move forward to the world markets.
The King also stressed the necessity to enhance performance of these zones
and increase their productivity and to find effective mechanism to overcome
challenges facing investors at these zones.



King Abdullah was speaking during a meeting at the Royal Court
ion Tuesday with a delegation representing investors at QIZ.



The qualified industrial zones should by supplied with well-trained
and well-qualified Jordanian cadres, who can develop work at these zones,
King Abdullah said during the meeting, which was attended by Deputy Prime
Minister and Industry and Trade Minister Mohammad Halaiqa, Executive Director
of Jordan Investment Board JIB Reem Badran and Director of the Royal
Court Economic Department Mohammad Rawashdeh.



King Abdullah listened to a briefing by the delegation on the
challenges facing investors in QIZ how these challenges can be better
addressed.



There are 11 qualified industrial zones in Jordan employing over
21,000 Jordanian workers and have so far brought about $200 m. in investment
to Jordan.



Tariff-free exports of the zones to the U.S. market stood at $650m. last year.