jordan pulse -

Chairperson of the Jordan and Amman Chambers of Industry, Fathi Al-Jaghbir, on Thursday commended the government, led by Prime Minister Jaafar Hassan, for adopting a progressive approach to supporting the industrial sector and closely addressing its needs.

In remarks to the Jordan News Agency (Petra), Al-Jaghbir said the decision to fix gas prices supplied to factories for May 2026 while the government absorbs the cost differences resulting from global price increases reflects a clear commitment to protecting national industry and enhancing its ability to sustain growth.

He noted that the decision is part of well-considered government policies that place industry at the heart of economic priorities.

Stabilizing gas prices at this critical stage, he said, has helped shield production costs from global fluctuations, which would have otherwise directly impacted the competitiveness of Jordanian products in international markets.

Al-Jaghbir added that the government’s move to cover price differentials represents an effective intervention to protect factories from volatile global markets and ease operational burdens, thereby maintaining production stability, sustaining exports, and preventing any decline in the competitiveness of domestic industries.

He stressed that this approach reflects a genuine partnership between the government and the industrial sector, boosting investor confidence in Jordan’s economic environment. Rapid responsiveness to the sector’s needs, he added, is crucial for enabling industries to navigate external challenges.

Al-Jaghbir further noted that maintaining this supportive approach will help solidify the position of Jordanian industry and drive further expansion and growth, with positive impacts on the national economy and employment levels.

He emphasized that the policy goes beyond reducing costs, serving as a key pillar in enabling national products to penetrate new regional and international markets with stronger competitive prospects. Sustaining this partnership and institutionalizing it, he concluded, is essential to achieving the goals of the Economic Modernization Vision, attracting quality investments, and increasing the sector’s contribution to GDP.

//Petra// MF