In 2024, the Jordanian-Syrian Free Zone exported 214,000 tonnes of goods to Syria and Lebanon, a 40% increase from 2023. Director Irfan Khasawneh noted strong trade activity and investment, particularly in the automobile sector, with 600 trucks supplying essential goods since December. The Free Zone is operating efficiently to meet trade demands.
In 2024, the Jordanian-Syrian Free Zone facilitated the export of 214,000 tonnes of goods to Syria and Lebanon, a significant increase from 150,000 tonnes in 2023. Irfan Khasawneh, the Director of the Free Zone, highlighted that these goods were initially stored within the zone before being exported via the Nasib crossing to Syrian territories and ports. This substantial rise in trade activity, amounting to a growth of 40 percent, reflects renewed commercial confidence in the Free Zone.
Mr. Khasawneh noted that over 150 investment contracts are currently active, with a particular surge in the automobile sector where 90 car showrooms have recently been established. Furthermore, since December 8, 600 Jordanian trucks have delivered essential items such as food supplies and spare parts to meet the needs of the Syrian populace. Operations within the Free Zone are reportedly free from delays, as employees are well-equipped to manage high volumes of goods and transactions.
The advancements within the Jordanian-Syrian Free Zone underline its crucial role in facilitating trade and investment between Jordan and its neighboring countries, particularly amidst changing regional dynamics.
The Jordanian-Syrian Free Zone serves as a pivotal trading hub between Jordan and Syria, impacting the economic interactions and commercial activities of both countries. Established to promote seamless trade and investment opportunities, the Free Zone allows goods to be stored and processed before being exported. Recent developments indicate a rebound in trade following political changes within Syria, demonstrated by increased goods exported from Jordan. This region has become significant not only for economic exchange but also for the provision of essential items to the affected Syrian population.
In summary, the Jordanian-Syrian Free Zone has demonstrated remarkable growth in trade, with 214,000 tonnes of goods exported to Syria and Lebanon in 2024. The significant increase of 40 percent compared to the previous year highlights the strengthening of economic ties and investment interest, particularly in the automobile sector. The smooth operation of trade is poised to support the ongoing needs of the Syrian people as well.
Original Source: www.jordantimes.com
