Jordan Unveils Plan for Chemicals and Cosmetics (2027–2029)
Jordan has launched a strategy for developing the chemicals and cosmetics sector for the period 2027–2029. This strategy includes six strategic programs aimed at enhancing sector efficiency, promoting high-value added production, strengthening industrial integration, stimulating investment, expanding export markets, and achieving environmental sustainability. The programs focus on improving industrial processes, advancing digital transformation, reducing energy costs by more than 15%, and increasing productivity by 20% by 2029. Additionally, there is an emphasis on increasing the contribution of high-value products from 15% to over 25% of the sector's sales. The strategy also aims to reduce reliance on imports, support financing and incentives for investment, and develop exports to reach more than two billion dinars by 2029, aligning products with international environmental standards and regulations. These initiatives are designed to enhance the competitiveness and sustainability of Jordan's industrial sector.
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