Ministry: Jordan has great potential to attract international firms

Ministry of Investment
(File Photo: Jordan News)
AMMAN — Jordan has great potential to attract international companies thanks to its investment-friendly policy, Ministry of Investment Secretary-General, Zaher Qatarneh, said on Thursday, according to Jordan News Agency, Petra.اضافة اعلان

In remarks delivered on the second day of the Jordan Startup Expo, Qatarneh indicated that reforms made to the Kingdom's economy and business environment in recent years, particularly in the entrepreneurship and information technology sectors, have played a significant role in placing Jordan among the top ten countries in the world as measured by the World Bank in terms of improvements in business-doing.

He also stressed that developing the startup ecosystem is align with Jordan’s Economic Modernization Vision, noting that the Kingdom has succeeded in building a strong ICT sector by luring multinational firms over the past two decades, including technology giants such as "Microsoft, Expedia, HP, Cisco and Oracle."

The first edition of the expo began on Wednesday, with entrepreneurs, top investors, and more than 100 Jordanian startups in attendance.

The exhibition, put on by Future Event, aims to bring together cutting-edge startups with the leading venture capital firms, angel investors, accelerators, and incubators in the area in order to identify the technological solutions and software that startups are offering in the areas of human resources, finance, commerce technologies, and others.

The two-day expo is centered on four major fields: business development and performance, information and data technology, trademarks, and financing.

Read More National News
Jordan News