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Jordan Times
13-04-2025
- Business
- Jordan Times
Jordan, WFP agreement to provide 'interest-free' loans to farmers, agri-projects — ACC
The Agricultural Credit Corporation says WFP agreement to provide 'interest-free' loans to Jordan's small- and large-scale farmers to confront climate change challenges (JT file) AMMAN — Director-General of the Agricultural Credit Corporation (ACC) Mohammad Dogan said that the ACC agreement signed with the World Food Programme (WFP), which was recently approved by the Council of Ministers, represents a "qualitative" step in supporting Jordan's small- and large-scale farmers to confront climate change challenges. On its goals, Dogan said that this step aims to finance projects that integrate modern agricultural practices that contribute to achieving Jordan's food security and developing production chains, according to the Jordan News Agency, Petra. Dogan added that the agreement, which aims to support and develop climate-resilient agriculture with a total value of JD3.5 million, seeks to enhance resilience of Jordan's farmers by providing modern agricultural practices that take into account "sustainable" agri-development. The director-general said that the agreement mainly targets water-smart and water-saving agricultural activities, as well as crops with 'high' economic returns, primarily saffron cultivation and packaging projects. Under the agreement, financing for two types of projects is secured, he said, adding that individual businesses will receive loans of up to JD10,000, while medium-sized agricultural enterprises' projects will get loans of up to JD70,000 interest-free, as the programme will pay the interest costs. These projects is set to target the governorates of Mafraq, Jerash and Balqa, ensuring that support is directed to the areas, which are the "most vulnerable and most affected "by climate change, he pointed out. Dogan noted that this cooperation would contribute to stimulating expansion of the use of smart agricultural technologies and alleviating the financial burdens on farmers, achieving resource sustainability, enhancing productivity and quality of local agricultural products, and addressing climate change consequences.
Jordan Times
12-03-2025
- Business
- Jordan Times
Prime minister inspects industrial, health, educational facilities in Muwaqqar, Sahab
Prime Minister Jafar Hassan on Wednesday conducts a field inspection tour, visiting seven key sites across the districts of Al Muwaqqar and Sahab, including industrial, health, educational, and social facilities, as part of his routine field inspection visits (Petra photo) AMMAN — Prime Minister Jafar Hassan on Wednesday conducted a field inspection tour, visiting seven key sites across the districts of Al Muwaqqar and Sahab, including industrial, health, educational, and social facilities, as part of his routine field inspection visits. Accompanied by the Minister of Industry, Trade and Supply, the prime minister visited three factories in the two districts, reaffirming the government's ongoing support for the private sector, according to a Prime Ministry statement. He emphasised the government's commitment to providing incentives and support to expand successful investments, particularly in the industrial cities of southern Jordan. Hassan highlighted the importance of these investments in creating job opportunities for Jordanians and boosting export efforts. In Al Muwaqqar, the prime minister toured Al Rayhan Warehousing Company, which boasts an investment of JD100 million and employs around 2,000 workers. The company exports JD70 million worth of products annually, with a significant portion going to European and American markets. In Sahab, he visited United Pharmaceutical Industries, which exports nearly JD70 million worth of products annually and operates factories in Saudi Arabia and Algeria. All research and development for the company are conducted in Jordan. He also visited Al Wazir Detergents Company, which exports more than JD21 million worth of products and creates hundreds of jobs for Jordanians, contributing to both the national economy and exports. The prime minister also inspected the Queen Rania Al Abdullah Centre for Information Technology and Community Service in Al Muwaqqar, where he reviewed initiatives supporting women's empowerment, children's education, and social awareness. The centre runs the 'Makani' programme, which offers a safe space for community engagement, skill development, and educational opportunities for children and youth. Hassan directed support for the centre's expansion and improvement, including providing new computers and equipment for trainees to enhance their employment prospects. Further directives included renovating children's facilities, upgrading play areas, completing the centre's perimeter wall, enhancing security measures and providing transportation services for beneficiaries. Following up on a mystery shopper report, the prime minister visited the Department of Lands and Survey, East Amman Branch in Al Muwaqqar. He engaged with visitors and employees to assess service efficiency and emphasised the need for improvements in service quality, technical upgrades and faster transaction processing. In his visit to a Secondary School for Boys in Al Muwaqqar, Hassan ordered comprehensive maintenance, including the development of new sports fields and other student facilities. At Al Faysaliyah Health Centre, he instructed officials to expedite necessary repairs while ensuring uninterrupted healthcare services for the local community. He also assessed services at Al Naqeera Health Centre, which serves around 12,000 people. The prime minister was accompanied by the minister of local administration during the tour.
