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The private sector benefits from the decision to reduce storage prices in silos

01/04/2024

Four major companies importing basic materials benefited from the new incentive storage prices, which were announced by the Jordanian General Company for Silos, last January, at about 40 percent less than the storage price in other places.

The director of the Juwaidah silos complex, Talal Abu Al-Ghanem, revealed to the Jordanian News Agency (Petra) on Sunday that the storage capacities of the Juwaidah silos were full, after storing an additional 50,000 tons of basic materials for those companies, indicating that there are 24,000 tons of storage space currently available in the silos. Aqaba and Irbid

The Council of Ministers decided to assign the Silos Company to provide incentive storage prices for companies importing basic materials from the private sector. To ensure reducing the inflationary impact on citizens

Abu Al-Ghanem said that the decision was made to reduce costs for importers, which will reflect positively on the prices of goods sold to citizens.

He explained that the new incentive prices, which continue until the end of the year, decreased by about 50 percent from what they were before

He considered that the step came at an appropriate time, in light of the rise in shipping costs due to the crisis in the Red Sea, and the possibility of an inflationary rise in prices.

The incentive price for the 1,000-ton refrigerated rooms in Juwaida Complex 5 is 5,100 dinars instead of 8,000 dinars, and 3 rooms with a capacity of 500 tons are at a price of 3,200 dinars instead of 5,200 dinars, and 6 rooms with a capacity of 250 tons are at a price of 1,700 dinars instead of 2,880 dinars.

While the incentive price for refrigerated rooms in the North Complex is 2,100 dinars instead of 3,125 dinars, for a capacity of 333 tons, and 3,250 dinars instead of 4,625 dinars for a capacity of 550 tons.

The incentive price for dry warehouses in the Juwaida complex is 2,800 dinars instead of 5,400 dinars for a capacity of 2,700 square meters, and 3,150 dinars instead of 6,000 dinars for a capacity of 3,300 square meters.

As for the North Complex, the incentive price is 2,300 dinars instead of 4,500 dinars for a capacity of 2,700 square meters, 2,700 dinars instead of 5,000 dinars for a capacity of 3,600 square meters, and 2,000 dinars instead of 3,750 dinars for a capacity of 2,100 square meters, while the price is 2,100 dinars instead of 3,600 for a capacity. 2700 square meters in Aqaba complex

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