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    13-Nov-2024

Attracting foreign investments top priority for Jordan’s economy, says King

 

AFP

 

His Majesty King Abdullah II said Wednesday that attracting foreign investment is a priority for Jordan’s economy and affirmed the kingdom’s commitment to easing business operations and expanding investor projects.
 
During a meeting at Al Husseiniya Palace with foreign and Arab investors, as well as representatives from major corporations, King Abdullah stressed the importance of continuing administrative modernization plans to improve the business environment and foster a more investment-friendly climate.
 
The King, accompanied by Crown Prince Hussein, highlighted that Jordan’s economic modernization vision builds on the country’s strengths and advantages, aiming to unify efforts for economic growth and job creation.
 
The attendees represented sectors including transportation, logistics, energy, water, mining, healthcare, industry, and aviation.
 
Representatives from leading companies, such as KBW Investments from Saudi Arabia, the Saudi Jordanian Investment Fund, Meridiam from France, Amazon, Korea Electric Power Corporation, A.P. Moller from Denmark, Kuwait Privatization Holding, Jin Cheng Global International for Ceramics from China, and AIG from France, shared their successful investment experiences in Jordan and expressed eagerness to pursue future opportunities in the kingdom.
 
Jordan's economic modernization vision aims to attract USD 18 billion in foreign direct investment by 2033, boosting sustainable growth.
 
The meeting was attended by Prime Minister Jaafar Hassan, King’s Office Director Alaa Batayneh, Minister of State for Economic Affairs Muhannad Shehadeh, and Investment Minister Muthanna Gharaibeh.
 

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