Minister calls for attracting additional Saudi investments to Jordan

Minister of Investment Kholoud Al-Saqqaf
Minister of Investment Kholoud Saqqaf. (File photo: Jordan News)
AMMAN Minister of Investment Kholoud Saqqaf called for increasing Saudi investments in Jordan, especially since the Kingdom has numerous diversified investment opportunities across different economic sectors, the Jordan News Agency, Petra, reported.اضافة اعلان

While hosting the Saudi Shura Council’s Saudi-Jordanian Parliamentary Brotherhood Committee on Thursday, Saqqaf said Saudi investments in the Kingdom play a "major role” in Jordan's economic development and are among the key investments contributing to Jordan's development process, providing job opportunities for Jordanian youth.

During the meeting, the delegation was briefed on key targeted investment sectors in Jordan, primarily high-value industries, information and communication technologies (ICT), healthcare, tourism, water, energy, mining, agriculture, education, and logistics, in addition to vital partnership projects between the public and private sectors.

The minister noted the government's keenness to stimulate flow of local, Arab, and foreign investments. She highlighted Jordan’s efforts to attract additional Saudi investments in the near future in order to take advantage of promising development opportunities in various sectors and expand existing projects in Jordan.

Saudi investment interestFor his part, Head of the Saudi-Jordanian Parliamentary Brotherhood Committee Ibrahim Qannas commended Jordan for the steps it has taken to improve the investment environment, which will reflect positively on attracting more investments.

Qannas said Saudi Arabia views Jordan as an important investment destination in the region, given the two countries' close relations and Jordan's competitive privileges in the business environment.

He also noted Saudi Arabia's interest in increasing the volume of its investments in Jordan in multiple sectors.

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