Daraa-Sana
The Syrian-Jordanian joint free zone administration has taken many measures to reactivate work and return investment facilities to service.
According to the Director General of the Syrian-Jordanian Joint Free Zone, Dr. Irfan Al-Khadawneh, the procedures included the electronic link between the Syrian and Jordanian customs, the computer network, the preparation of shipping doors, entry and exit from the Jordanian and Syrian sides, and the maintenance of domes, in addition to the completion of infrastructure works such as securing electric current, communication requirements, water and others.
In a statement to SANA Economic Bulletin, Al-Khasawneh referred to the role of the free zone in moving the wheel of trade between the two countries, especially with regard to transportation, shipping and transit, stressing that commercial activity between the two countries will return to its previous era.
Director of Public Relations and Media in the Syrian Free Zone, Nidal Al-Zoubi, indicated in a similar statement that the reopening of the free zone helps reduce unemployment by providing about two thousand job opportunities in various industrial, commercial and service sectors such as transport, shipping, customs clearance and car showrooms.
For his part, the director of the Syrian Investment Authority branch in Daraa, Eng. Qassem Al-Zanika, said in a similar statement that the reopening of the joint Syrian-Jordanian free zone would increase the trade exchange movement between the two countries and bring great benefit to the national income and contribute to facilitating the processes of obtaining the raw materials needed by the existing industrial establishments. It is in the process of production.
He said that borrowing investment requirements from the free zone is important to activate the economic and commercial movement, expecting that the free zone will have a major role in the investment process after the issuance of the executive instructions of the new investment law No. 18, which granted investors many advantages, exemptions and facilities that would create competitive conditions and attract investors.
The free zone went out of service on the second of April 2015 and returned to service on the first of December. The zone was established in 1975 near the Nassib Jaber crossing, the border between Jordan and Syria, on an area of 6,500 dunams equally between the two countries.
Qasim Miqdad
SANA Economic Bulletin
Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency