Jordan is a regional center for trade, investment, says minister

ministry of investment
(File photo: Jordan News)
AMMAN — Minister of Investment, Kholoud Saqqaf, held two separate meetings with Turkish and Belgian ambassadors to Jordan on Wednesday to discuss enhancing economic and investment cooperation, according to the Jordan News Agency, Petra. اضافة اعلان

During the meetings, Saqqaf stated that Jordan is emerging as a regional center for trade and investment in the Middle East and North Africa region and is among the region's most conducive business and investment environments.

Investment ‘destination’The Jordanian government, she said, is working towards making the country a destination for international and Arab investment and has implemented reforms in the business environment and the new investment environment law.

She also highlighted Jordan's free trade agreements with many countries and the experience of the Jordanian private sector in the region as factors making it an attractive access point for investors.

She added that the Ministry of Investment is willing to streamline measures and procedures for investors to set up their projects in the region and Jordan.

Bilateral tiesTurkish ambassador Ismail Yilmaz, praised the level of relations between Jordan and Turkey and said that bilateral ties must further expand, particularly in trade and economy. He noted that work would be done to encourage the Turkish private sector to increase its investments in the Kingdom.

Belgian ambassador Serge Dickschen said: "Belgium looks with great interest at the initiatives taken by the Jordanian government to encourage foreign investment in Jordan, such as the establishment of the Ministry of Investment and the approval of the new investment environment law.”

"This confirms Jordan's commitment to implementing the reform roadmap based on the vision of His Majesty King Abdullah to improve the business environment in the Kingdom."

Earlier in January, the government contracted various companies to attract investment in the Kingdom.

Read more Business
Jordan News