American Chamber of Commerce, JIC discuss future of investments

Amman, Investors, business leaders and economic experts called for preserving the investor’s legislative rights, improving the Kingdom’s ranking in international business start-up and competitiveness reports, and developing the internal structure of the Jordan Investment Commission (JIC).

This came during a meeting organized by the JIC in cooperation with the American Chamber of Commerce in Amman on Monday, in the presence of the JIC president Khaled Wazani, and Deputy Chief of the US Mission Mike Hankey.

Chamber president Mohammad Batainah the meeting aimed at briefing attendees on the latest organizational framework governing investment. He lauded the private sector’s role in promoting economic growth and encouraging and settling investments in the Kingdom.

Hankey commended the US-Jordanian relations spanning seven decades expressing the United States’ firm commitment to maintaining Jordan’s stability and the prosperity of its people.

Wazani said providing a stimulating and attractive environment for investment requires stable legislation accompanied by efficiency and clarity in the application, so the JIC is working to develop and launch specific activities to overcome challenges facing investors.

Source: Jordan News Agency