Jordan Gateway Project The State of Israel An Israeli-Jordanian Industrial Peace Park April 2013 The State of Israel Jordan Gateway Project - Background The idea of an Israeli-Jordanian Industrial Park was born in 1994 by Mr. Shimon Peres, following the Israel-Jordan peace treaty. The industrial park is a result of a triangle agreement, between Israel, Jordan and the U.S, exempting all products entering the U.S Market from customs (QIZ arrangement). The Jordanian government established infrastructures in 2001, allowing the implementation of the first phase of the project. April 2013 The State of Israel Jordan Gateway Project - Background Planning procedures had commenced on the Israeli side in 2002, (following the approval of the development plan) but have been stopped in 2004 due to a change in ownership. Planning has been renewed on the Israeli side in 2009, for a 245dunams industrial park and a 3-km access road. On may 14 2012, the Government of Israel approved a resolution for establishing the Israeli side of the park. April 2013 Jordan Gateway Project - Location The State of Israel 8km south of the northern IsraelJordan international border crossing point. 67km east of Haifa Port on the Mediterranean coast. 90km north-west of Amman. 40km west of Irbid. April 2013 The State of Israel Current Status - Land Total Project area is 1400 dunams, on the Jordanian side 1200 dunams (700 dunams leveled and developed), and around 200 dunams on the Israeli side (in final planning). On the Jordanian side – long term lease from the GOJ. Industrial potential of 314 dunams, out of which 15 dunams are built (fully rented). April 2013 Aerial photograph marking the alternatives for the access road to the Jordan Gateway Industrial Park North-Sheikh Hussein Bridge Tirat Zvi Jordanian Side Israeli Side Bridge-Border April 2013 The State of Israel Current Status – Jordanian Side Fully operational industrial and trading park. “Free Zone” status granted by Government of Jordan: Duty-free (customs, vat), 12-year income tax exemption. Area “C” industrial zone. QIZ status granted by US Government. April 2013 The State of Israel Current Status – Israeli Side Statutory planning, detailed planning and design completed. Land allocated for the project. May 2012 - GOI resolution declaring support for the project, and appointment of an inter-ministerial committee for all execution aspects. April 2013 – Expected submission of the committee report. April 2013 The State of Israel Current Business Activities Manufacturing of coolant filters for light and heavy machinery (Caterpillar). Grains and animal feed trading. Steel trading. Medical device assembly. Sewing and Textile Finishing (under establishment). April 2013 Required Steps GOI resolution approving the proposed plan and allocating the sources for the project. Informing and coordinating with the Hashemite Kingdom of Jordan, and appointing a Point of Contact on each side. Establishing the bridge that will connect both sides of the Jordan Gateway industrial park. Approving security, movement and traffic protocols within and outside the industrial park. Investing in infrastructures on the Israeli side. April 2013