AMMAN — The
Ministry of Investment
launched a report which aims at measuring the contribution of foreign
investment to Jordan’s sustainable development and provide recommendations to
the government on the course forward, the Jordan News Agency, Petra, reported.
اضافة اعلان
The
Foreign Direct Investment (FDI) Qualities Review
of Jordan, Strengthening Sustainable Investment was launched in cooperation
with the Organization for Economic Cooperation and Development (OECD). The Jordanian
private and public sector will be taking part in the effort.
The report was launched in the presence of the
ministry’s Secretary-General Zaher Al-Qatarneh, and OECD Deputy
Secretary-General Yoshiki Takeuchi.
The ministry said in a statement that the report
aims to measure contribution of foreign investment to Jordan’s sustainable
development and define policies to optimize positive effects in this regard. It
also provides a set of recommendations that can be viewed a “strategic”
guidelines to support decision-makers when implementing state foreign
investment policies and directing their effects in achieving development goals.
Qatarneh said the
report is a reassessment of the current FDI situation following the COVID-19
pandemic in a way that helps improve quality of foreign investment in achieving
Jordan’s sustainable development goals and aligning with global practices.
The report, he said, provides indicators on the FDI
effects and finds a policy toolkit on defining the “best” institutional preparation
practices and the necessary policies to offer an opportunity to achieve
sustainable investment development benefits.
Currently, the government is working on a new
investment environment draft law, aimed at creating a “qualitative addition and
a positive impact” on Jordan’s investment environment, Qatarneh said.
The ministry is also outlining its strategy for the
years 2023–2027, which would turn the government’s investment priorities into
strategic objectives, projects and programs with a clear and direct impact that
contributes to achieving Jordan’s aspirations for a better future, he added.
On future plans, Qatarneh said the ministry will be setting
up a modern database.
Read more Business
Jordan News
.jpg)
.jpg)
