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Consultative meetings with private sector on draft investment law – Shraideh

Minister of Planning and International Cooperation Nasser Al-Shraideh. (Photo: Planning Ministry)
AMMAN — Minister of Planning and International Cooperation Nasser Al-Shraideh on Tuesday launched a series of consultative meetings with the private sector to review the government’s draft law regulating investment, according to a Planning Ministry statement. اضافة اعلان

Prime Minister Bisher Al-Khasawneh commissioned the meetings

The first meeting, held Monday, featured Ministers of Finance, Industry, Trade and Supply, Investment, and State Legal Affairs, alongside representatives of the Jordan Chambers of Industry and Commerce.

The meetings aim to identify the most important issues of interest to industrialists and traders within the framework of the draft law and discuss all relevant observations and suggestions.

The investment-environment regulating law tops the government’s economic priorities program 2021–2023. It seeks to develop and enhance the investment environment in the Kingdom and stimulate local and foreign investments.

To achieve the draft law’s goals, investment procedures will be automated and simplified, and production and business costs will be reduced in a way that contributes to stimulating economic growth and creating job opportunities.

The draft law will be referred to parliament in the next extraordinary session on July 20.

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