
Jincheng Ceramics Launches $100Mexpansion, Creating Over 1,000 Jobs
The investment includes the production of 14 new product lines across various sectors, primarily relying on locally sourced raw materials. The expansion is expected to generate over 1,000 job opportunities, according to the Jordan News Agency, Petra.
The announcement was made during the opening of the company's new exhibition, attended by Investment Ministry Secretary General Zaher Qatarneh.
In his remarks, Qatarneh reaffirmed the government's commitment to supporting both local and foreign investments and to providing an enabling environment that encourages expansion within Jordan and beyond.
He underscored the importance of high-value-added industries that depend on local production inputs and contribute to job creation for Jordanians.
Qatarneh commended Jincheng's efforts to enhance its industrial footprint in the Kingdom, adding that such initiatives reflect the confidence of global investors in Jordan's investment climate and reinforce the country's role as a regional hub for industrial development and innovation.
Jincheng's CEO expressed appreciation for Jordan's investment environment and the continued support of the Investment Ministry in facilitating the company's operations.
He noted that Jincheng's cumulative investments in Jordan have reached $300 million, and its factories currently employ 620 Jordanians. Around 80 per cent of the raw materials used in its operations are sourced locally, he added.
The company's new product lines will include tile adhesives, gilded tiles, stair tiles, sanitary ware, lighting fixtures, mattresses and accessories, stainless steel products, cardboard, kitchen and bathroom cabinets, sinks, faucets, batteries, and ceramics.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Imrat Group Gains Priority Access To New Product: Bybit Launches Direct Stock Trading Via Tether Stablecoin
- STEPN And The Argentina Football Association Announces Their Latest NFT Drop
- Superfunded Unveils A Revolutionary Transparency Upgrade
- Alpen Labs Announces The Bitcoin Dollar (BTD): A Censorship-Resistant, BTC-Backed Stablecoin
- MEY Network Announces Property Token Offering Nfts To Revolutionize Real Estate Ownership
- Flipster Makes Esports Debut As Official Crypto Exchange Partner Of TALON's Dota 2 Team, Powering A New Era Of Fan Engagement
Comments
No comment