AMMAN — During the 8th
Jordanian Investors and Businessmen Abroad Conference Various ministers and institutions discussed the measures
taken to further attract investors to Jordan, and create a more
hospitable investment environment for economic growth. These take the form of key reforms
in the Ministry of Investment, the addition of new and more convenient
platforms in the form of “
Invest.Jo”, as well as events and conferences to
attract investors and economic growth.
اضافة اعلان
Minister of Investment Kholoud Saqqaf said the key reforms
were aiming to establish the Ministry of Investment to be the Kingdom's main
investment reference and the approval of the
Investment Environment Law which
aims to create a more fruitful investment ecosystem for international and national
investors, Jordan News Agency, Petra reported.
In this regard, the minister also referred to endorsement of
Public-Private Partnership Law, aimed at attracting and enabling property
investments and their integration into regional and global markets.
Deputy prime minister for economic affairs and minister of
state for public sector modernization,
Nasser Shraideh also emphasized the
importance of the partnership between public and private efforts in
strengthening the Jordanian economy and investment environment.
The ministry also approved
Investment Promotion Strategy for 2023-2026, activated the comprehensive investment service platform and
completed automation of 95 services related to licensing and practicing
economic activities, all aiming to remove obstacle for potential investors.
Saqqaf noted that the reforms that took place contributed to
increasing the total volume of investments benefiting from the
Investment Environment Law by 47.6 percent during the first half of 2023, reaching JD598
million, compared to JD405 million during H1 2022.
The 8th Jordanian Investors and Businessmen Abroad
Conference
Deputizing for His Majesty
King Abdullah, Sharaideh
inaugurated the 8th Jordanian Investors and Businessmen Abroad Conference on
Saturday in Amman.
The conference was held under the theme: "reality of
the investment environment... opportunities and possibilities". It was
organized by the
Jordanian Businessmen Association (JBA), in partnership with
Ministries of Foreign Affairs and Investment.
Sharaideh said
stimulating economic growth, increasing
growth rates, achieving more job opportunities for Jordanians, accessing new
markets, transferring knowledge to the national economy, and increasing added
value, can only be achieved through investment, which is the solution to
achieving these drivers.
During the first session, Saqqaf noted Ministry of
Investment is "keen" to implement principles of
Economic Modernization Vision 2033, to provide an "attractive" investor
environment by following up investment projects, identifying investor needs and
providing scientific and practical solutions in this regard.
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