Amman: Minister of Investment Tareq Abu Ghazaleh stated that the government is continuing its efforts towards achieving the Economic Modernization Vision by enhancing the investment environment and promoting investment as a crucial driver of growth, development, and job creation. Speaking on the "60 Minutes" program on Jordan Television, Abu Ghazaleh emphasized that investment has evolved beyond merely attracting capital; it is now a tool for enhancing citizens' lives and supporting development throughout the Kingdom.
According to Jordan News Agency, Abu Ghazaleh discussed the recent introduction of regulatory and legislative measures by the ministry to improve the business environment and simplify the investor experience. The most notable of these measures is the amended Investment Environment Regulation for 2026, which was recently approved by the Cabinet. These amendments are a result of practical feedback and comprehensive consultations with a broad range of investors and stakeholders from both the public and private sectors.
The minister explained that the amendments aim to streamline procedures, re-engineer services and operations, and reduce time and costs for investors, thereby accelerating project execution and enhancing Jordan's appeal for local and foreign investment. He also highlighted the expansion of investment incentives, including the reduction of expansion requirements for existing projects from 25 percent to 5 percent and the inclusion of creative industries among the sectors eligible for incentives and exemptions.
Abu Ghazaleh noted that companies majority-owned by Jordanians abroad can now register as Jordanian companies, a move designed to attract Jordanian capital and encourage expatriate investors to expand their businesses within the Kingdom. Despite regional challenges, he mentioned that Jordan has maintained positive investment indicators, with foreign direct investment inflows rising by 25 percent last year and continued positive trends in the first quarter of 2026.
The ministry has developed a national investment map featuring approximately 100 investment opportunities across the governorates, intended to be transformed into viable projects and promoted through digital platforms and Jordanian diplomatic missions worldwide. Abu Ghazaleh emphasized the importance of real investment having tangible impacts on citizens' lives, such as job creation, improved services, and sustainable development.
Highlighting the government's school transportation project in the Southern Badia, the minister described it as an example of integrated development that supports education, creates jobs, and enhances the quality of life for families and students. The project includes modern buses equipped with advanced safety standards to ensure a safer learning environment.