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Significant Growth of Goods Exiting Jordanian-Syrian Free Zone in 2024

In 2024, 214,000 tonnes of goods were exported from the Jordanian-Syrian Free Zone to Syria and Lebanon, a 40 percent increase from 2023. The increase reflects heightened commercial activity, with over 150 investment contracts and a notable focus on the automobile sector. Continued efficient operations at the Free Zone support the growing demand for essential goods, including food and energy supplies.

In 2024, approximately 214,000 tonnes of goods were transported from the Jordanian-Syrian Free Zone into Syria and Lebanon, reflecting a significant increase from 150,000 tonnes in 2023, according to Irfan Khasawneh, the zone’s director. This rise in trade, amounting to a remarkable 40 percent, is largely attributed to the activities at the Jaber border crossing, where goods are initially stored before being sent through the Nasib crossing into Syria and onward to Lebanese ports.

Mr. Khasawneh further noted that the Free Zone currently has over 150 investment contracts, with a heightened demand particularly noted in the automobile sector. The area now accommodates 90 car showrooms, many of which have recently been transferred to their respective owners after compliance with financial and legal requirements.

Since December 8, a total of 600 Jordanian trucks have entered Syrian territory via the Free Zone, predominantly transporting essential items such as food supplies, energy devices, and spare parts necessary for the Syrian populace. Khasawneh emphasized the smooth operation of exchanges within the zone, affirming that transactions are conducted efficiently without delays. The workforce at the Free Zone is well-prepared to accommodate the current demand, demonstrating the effectiveness of the implemented operational measures.

The Jordanian-Syrian Free Zone serves as a critical trading hub for goods entering Syria and Lebanon. This zone aims to promote trade and investment within the region, particularly following the civil unrest in Syria, which has redirected much commercial activity through Jordan. The rise in trade volume indicates a recovery of commercial activity post-conflict and suggests growth potentials in various sectors within the Free Zone.

In conclusion, the Jordanian-Syrian Free Zone has experienced significant growth in trade during 2024, as evidenced by the increased volume of goods entering Syria and Lebanon. The involvement of Jordanian truck fleets and the expansion of investment contracts highlight a positive trend in regional commerce. The systematic operations and readiness of the workforce further reinforce the importance of the Free Zone as a key facilitator for trade in the region.

Original Source: www.jordantimes.com

Lila Chaudhury

Lila Chaudhury is a seasoned journalist with over a decade of experience in international reporting. Born and raised in Mumbai, she obtained her degree in Journalism from the University of Delhi. Her career began at a local newspaper where she quickly developed a reputation for her incisive analysis and compelling storytelling. Lila has worked with various global news organizations and has reported from conflict zones and emerging democracies, earning accolades for her brave coverage and dedication to truth.

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