Strategy and Action Plan to Implement the Merger of JIE(Jordan's Industrial Estate) and FZ (Free Zone) Regimes

Share

Date Added
2017-03-16

Corporate Authorship
Geoff Wright, Manager, BearingPoint Inc.

Issue Date
2009

Uploaded By:
USAID/Jordan Monitoring and Evaluation Support Program (MESP) USAID/Jordan Monitoring and Evaluation Support Program (MESP)
(Muna Mansour)

Resource Type
PDF

Language
English

Activity
SABEQ (Sustainable achievement of business expansion and quality)

Collections

This resource is part of the following collections:

Tags: Industrial planning Government Economic growth and development Economic reform Strategic planning Laws and legislation Public sector Investment promotion Privatization Management operations and methods

The Government of Jordan (GOJ) is moving ahead with merging the Jordan Industrial Estates
Corporation (JIEC) and the Free Zones Corporation (FZC). The merger program was
suspended in recent months pending the completion of an asset valuation exercise which has
now been finalized, and the passage of a proposed income tax code intended to replace all
investment incentives with a simplified income tax regime, which has not been passed by
Parliament. However, in the interim, Parliament enacted new legislation extending the Aqaba
Special Economic Zone (ASEZ) regime to development areas to be established throughout
Jordan under the direction of the Development Zones Commission (DZC). The Development
Areas Law significantly changes the regulatory and policy environment for Industrial Estates (IE)
and Free Zones (FZ) in Jordan.

Is this resource helpful? Yes | No

PDF Plugin required
Don't see a document preview below? Click the button to download the free Adobe Reader plugin
Preview: