Saudi Paper Manufacturing Co. (SPM) signed
an agreement to invest 25 million dinars ($35.3 million) in a
new company to produce paper products in Jordan, Al Rai said.
The factory will be built in an area covering 13,500 square
meters south of Amman, the newspaper said, citing Amer Majali,
director general of Jordan Industrial Estates Corp. which runs
six industrial zones in the kingdom.
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Riad Hamade at