Shamali expects new investment bill finalized this month

AMMAN  — Jordan expects to finalize mapping out an investment bill before the end of June and send it to the Lower House for ratification, Al-Ghad News said.اضافة اعلان

Minister of Industry, Trade, and Supply Yousef Al-Shamali told a meeting organized by the Jordan Europe Business Association on Tuesday that the new investment draft is “modern and aims to facilitate the business environment.”

“It is going to be different,” from the previous investment laws enacted in the Kingdom, he added.

Shamali pointed out that the government has finally approved the mandatory reasons for the Jordan support of the Industry Development Fund, which has been allocated JD30 million, and that the bill is now in the Legislation and opinion Bureau.

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