AMMAN — On Monday,
Ministry of Investment Secretary-General Zaher Al-Qatarneh held consultations with public and private
sectors representatives regarding the new investment promotion strategy for the
years 2022-2026.
اضافة اعلان
The ministry prepared the strategy in cooperation
with the
World Bank Group and Deloitte, with the aim of attracting foreign and
local investments in order to create more job opportunities and contribute to
improving economic growth rates.
According to Qatarneh, the ministry produced the
strategy as part of its effort to activate public and private sectors
partnerships, empower investors and create an enticing investment atmosphere
that attracts investors from several countries and for multiple sectors.
He added that the strategy aims to identify priority
main and subsidiary economic sectors in the Kingdom, and distinguish among
sectors of maximum, medium and low importance, in addition to identifying
foreign markets and the most important potential investors in those countries.
He also said that a
group of
international experts in the field of investment will be sought to
implement the guidelines of this strategy which will be the nucleus of a
comprehensive national system aimed at encouraging investment in the Kingdom.
Qatarneh said that the new investment law “will keep
pace with the changes and requirements of the times”, and that there will also
be focus on creating an integrated investment environment, including the
legislation, and that the law will address the obstacles that stand in the way
of investment in Jordan.
World Bank representative Mohammad Abdul-Qader
stressed that the investment promotion strategy will have a clear impact on
improving the investment environment in Jordan and will help stimulate existing
investments in the Kingdom.
Deloitte representative Rodrigo Ortiz presented, via
Zoom, a summary of the most important indicators of the strategy and its
objectives, stressing that it aims to make Jordan the “preferred destination
for sustainable investment in the Middle East and North Africa”.
He pointed out that the strategy will focus on
priority investment sectors, in addition to setting competitive standards at
national and sectoral levels to identify priority markets.
An open discussion was held at the end of the
session, with participants giving their comments and feedback on the investment
promotion strategy, for them to be taken into consideration before the strategy
is launched in its final form.
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