Investment environment regulated according to best international practices

khairy amr
(Photo: Twitter)
AMMAN — Minister of Investment Khairy Amr said on Wednesday that the draft law regulating the investment environment for the year 2022 emulates the best international practices, and provides a safe and attractive environment for local and foreign investments, Al-Mamlaka TV reported.اضافة اعلان

According to a statement issued by the Amman Chamber of Industry, during his meeting with the chairman and members of the boards of directors of the Jordan and Amman chambers of industry, attended by Ministry of Investment Secretary-General Zaher Al-Qatarneh and General-Manager of the Amman Chamber of Industry Nael Al-Hussami, Amr said that the industrial sector has a major role to play in supporting the national economy and employment numbers.

He also said that the ministry is keen to consult the chambers of industry on issues pertaining to the law regulating the investment environment, and hear their views in order to come up with instructions and regulations that facilitate its implementation.

Amr added that the law is pertinent to the work of many ministries and institutions, and “their cadres must be familiar with the details of the law to ensure its optimal implementation”.

Chairman of the Amman Chamber of Industry Fathi Al-Jaghbir said the law should include real and encouraging incentives for the national industrial sector, which is the mainstay of investment in the Kingdom.

He said that the industrial sector accounted for about 80 percent of the total investment in the Kingdom during the last decade, it exports 93 percent of all the country exports, and employs one-fifth of the country’s workforce.

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