AMMAN —
Minister of Investment Khairy Amr urged the Irish private sector to take advantage of
the economic and investment opportunities available in Jordan, which is also a
gateway to regional markets due to its geographical location.
اضافة اعلان
Speaking at a power
business breakfast event organized by the
Jordan-Irish Business Association,
the minister also highlighted the fact that by virtue of the Kingdom’s having
concluded several free trade agreements, its products reach more than one and a
half billion consumers.
Amr said that the
Ministry of Investment encourages Irish investments in Jordan, and that it is
ready to introduce Irish companies to the Jordanian market and provide them
with data related to the economy, stressing that there are promising and
competitive investment opportunities in sectors like information technology,
industry, health, agriculture, and services, which, the minister assured, “live
up to the ambition of Irish investors”.
The minister also
said it is important for the private sectors in the two countries to hold meetings
and exchange visits, which would contribute to the development of economic and
investment relations and increase Jordanian exports to the Irish and other
European markets.
Of the total Irish
exports, 88 percent are high value added, while in the case of Jordan’s
exports, 25 percent are low value added.
Top Irish exports
to Jordan are medical and pharmaceutical products, worth 62.6 million euros,
followed by essential oils, food products, photographic apparatuses, and
others.
Ways of enhancing
trade and economic cooperation between the two sides were discussed at the
event, and business owners interested in the Jordanian market were introduced
to the most important sectors and investment incentives.
Attending were
Irish Ambassador to Jordan Vincent O’Neill,
Executive Director of the Jordan Strategy Forum Nisreen Barakat,
secretary-general of the Ministry of Investment Zaher Al-Qatarneh, and several
Jordanian and Irish businessmen.
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