Bolivian firm announces JD3m investment at Mowaqar Industrial Estate

Bolivian firm announces JD3m investment at Mowaqar Industrial Estate

A Bolivian company for food industries has announced that its first investment outside Bolivia will be in the Mowaqar Industrial Estate with an investment of JD3 million.

The 6,000 sqm project is planned to provide more than 300 jobs during its three phases, according to a statement from the Jordanian Industrial Estates Company (JIEC).

Nasser Azaizeh, chairman of the Bolivian company, cited the Kingdom’s stability and free trade agreements with the US and Canada as the reason his country chose Jordan.

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