Al Hussein Industrial Estate / Karak
- Inaugurated in 2000
- Located in Karak Governorate, (118) km to the south of the capital Amman.
- Industrial zone / Development zone.
- The estate provides developed industrial land, ready-made industrial buildings and needed infrastructure.
- Exemptions, incentives and other special facilities.
- Proximity to the Port of Aqaba.
- Preferential Prices for sales, lease and ease payment conditions.
- Developed lots of lands starting at (2500) m2 and standard factory buildings (100 m2- 328 m2 – 813 m2)
Price Subsidies on Electricity
Satellite Factory Program
Port Fee Reduction
The Cabinet approved a package of additional incentives in Al-Hussein Industrial Estate / Karak, with the aim of supporting the investment environment and attracting more industrial investments to it in various industrial sectors.
Price Subsidies on Electricity
subsidies for electric power prices for small- and medium-sized enterprises (SMEs) at Al Hussein Industrial Estate by reducing power prices for five years:
- (75%) discount for first two years
- (50%) discount for the years (3+4)
- (25%) discount for the years (5)
Satellite Factory Program
Include the Estate in Satellite Factory program (Ministry of Labor)
- Subsidies (50%) of the minimum wage
- Payment of JD25 for social security subscriptions
- Payment of JD25 in transport stipends.
Port Fee Reduction
Subsidising (50%) the cost of handling export containers at the Aqaba port for (3) years provided that the goods originate in Al Hussein Industrial Estates - Karak
Conditions & Criteria
- Start producing within (2) years from the date signing the rental or selling contract.
- An added value not less than (30%) (Jordanian Origin)
-
Labor from Al-Karak Governorate to be hired as follows:
- Small industries (10) workers as minimum.
- Medium industries (50) workers as minimum.
- Commitment to a training plan to qualify workers in cooperation with labor related entities.
- Submitting a letter of guarantee to ensure above criteria and conditions. Otherwise, investor subjects to pay the grant amount.