Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Agricultural sector marks ‘major’ growth since independence
    Commodities

    Agricultural sector marks ‘major’ growth since independence

    May 26, 20253 Mins Read


    AMMAN — The Agriculture Ministry on Sunday said that the added value of the sector’s production has reached JD1.691 billion, registering a 9 per cent growth rate.

    Development of the agricultural sector is among the “most significant” achievements since the independence of Jordan, the ministry said in a statement on the occasion of the 79th Independence Day, carried by Al Mamlaka TV.

    According to the statement, vegetable production has increased by 91 per cent, while fruit tree produce has risen by 141 per cent. The variety of vegetables and fruit trees grown has also expanded to meet both local and international demand.

    To date, Jordanian agricultural produce has reached 112 countries, and the value of agricultural exports has risen by 441 per cent, achieving JD1.5 billion, the ministry noted.

    Regarding livestock, on which residents of rural regions and the Badia rely for income, the ministry reported an increase of 54 per cent, bringing the total number of animals to 3.8 million. The value of animal products has grown by 279 per cent, reaching JD1.305 billion.

    Employment in the agricultural sector now stands at 261,000 workers, an increase of 38 per cent. This, the ministry said, reflects the sector’s potential to generate job opportunities in rural areas.

    The capital of the Agricultural Credit Corporation (ACC) has grown by 213 per cent, reaching JD100 million. Annual loans provided to farmers now total JD55 million, with 11,000 farmers benefiting from the corporation’s services.

    The ACC has also guided farmers towards cultivating high-value crops and adopting modern technologies, including solar energy systems.

    The ministry added that it has prioritised food production to ensure integration among economic sectors and generate further employment.

    It has adopted the development of agricultural industries through several projects, including the Agricultural Industries Complex in the southern Jordan Valley. This initiative, in partnership with the private sector, will see the establishment of three factories.

    Investments in these factories are expected to reach JD12 million. They will produce 3,800 tonnes of tomato paste and 2,500 tonnes of frozen vegetables, creating 200 job opportunities for the local community.

    To stimulate agro-industrial activity within industrial estates, the ministry has launched an initiative to encourage private sector investment by covering rent costs for hangars used by investors for five years.

    Following the signing of 20 agreements with the private sector, it is expected that the facilities will produce 34 tonnes of processed potatoes, 100 tonnes of mushrooms, 2 tonnes of vegetables prepared for export, and 1,500 tonnes of locally farmed fish.

    The total value of private investment in this area is projected to reach JD30 million, generating approximately 2,500 jobs, the ministry said.

    Additionally, the ministry has launched the Agricultural Production, Marketing and Manufacturing Accelerator Project. This initiative provides soft loans of up to JD500,000 per company, with a 2 per cent interest rate, to support agricultural industries.

    The ministry also supports small agricultural enterprises due to their role in job creation.

    It has helped implement nine agricultural alliance projects at a total cost of approximately JD755,000. These initiatives have enhanced agricultural products and created 135 additional jobs in remote areas.

    The ministry plans to expand the alliance programme to include 100 alliances by the year 2030.

    © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Do these three things for more energy throughout the day

    Commodities

    Farmland prices fall 5% as confidence wanes

    Commodities

    UK households can get £255 energy bill refund thanks to two-month rule

    Commodities

    7 sun-powered innovations leading the next-gen energy shift

    Commodities

    Millions of households could get £255 energy bill refund by checking two-month rule

    Commodities

    ‘Energy saving’ appliance Martin Lewis ‘advises’ coming to Aldi

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Property

    Nationwide joins Open Property Data Association

    Commodities

    William Brent Hinds, Lead Guitarist Of Metal Band Mastodon, Dies In Accident | Hollywood News

    Cryptocurrency

    Ozak AI’s $0.012 Entry Compared to BTC, ETH, SOL October Opportunities

    Editors Picks

    Qonto se laisse séduire par le cloud de S3NS

    April 1, 2025

    Greenpeace condamnée à verser plus de 665 millions de dollars à l’exploitant d’un oléoduc américain, l’ONG craint la « faillite »

    March 19, 2025

    How RIPEC would fix property taxes in RI to better fund education

    March 28, 2025

    New Cryptocurrency Releases, Listings, & Presales Today – Mavryk Network, MIND of Pepe, METERA

    May 15, 2025
    What's Hot

    Offshore Wallets: Navigating U.S. Cryptocurrency Compliance

    September 30, 2025

    What the changing dynamics of inflation could mean for UK bond markets

    October 22, 2025

    Qonto arrive en tête devant Alan et Ledger

    June 3, 2025
    Our Picks

    UK emissions will rise under Tory plan, Coutinho says

    October 16, 2025

    Large fire at DeWitt metal recycling plant mostly out, crews checking for hot spots

    September 28, 2025

    Commodities Feed: Trump sets 25% tariffs on steel and aluminium | articles

    February 11, 2025
    Weekly Top

    Cap Rate Compression vs. Regulatory Alpha: Ferit Samuray on Why Dubai Real Estate Defies Global Yield Logic

    January 9, 2026

    Fiserv Taps Microsoft for AI-Fueled Fintech Innovation

    January 9, 2026

    7 sun-powered innovations leading the next-gen energy shift

    January 9, 2026
    Editor's Pick

    Commodities: What They Are and How To Invest in Them

    April 28, 2022

    Britain’s property winners and losers: The areas where prices are rising fastest revealed… and those where they’re plummeting. So is your town on the list?

    August 26, 2024

    Real estate attorney Daniel Boldi, of Garden City, admits to stealing more than $5 million from clients in transactions

    October 18, 2024
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.