Jordan ‘attractive’ investment environment for businesspeople- Saqqaf

Minister of Investment, Kholoud Saqqaf, affirmed availability of multiple “comparative and competitive” privilges that make the Kingdom an “attractive and incubating” investment environment for businesspeople, including investors from Ireland. Saqqaf made the remarks during the ministry’s launching ceremony of Investment Opportunities Guide for Irish business community in Jordan on Wednesday, which was organized by Irish Embassy in Amman, in presence of Irish businesspeople. Addressing the audience, Saqqaf said Jordan has investment opportunities in “competitive” sectors, such as information and communication technology (ICT), tourism, medical tourism, healthcare services and drugs, in addition to a range of investment opportunities based on sectoral partnership. The guide featured benefits offered to Irish investors, focusing on five growth sectors: ICT, pharmaceuticals, foodstuff and beverage, tourism and mega-projects, according to a ministry statement. Saqqaf added that Jordan and Ireland have “close” economic relations, especially in trade and investment areas, adding that launch of the business guide doesn’t only signal prosperity of business activities between the two countries, but also reflects level of trust, commitment and excellent relations, which would hopefully increase Irish investments in the Kingdom. Although the Kingdom does not constitute more than 3% of the population of the Middle East and North Africa region, but thanks to wise leadership of His Majesty King Abdullah II and his directives, she noted Jordan became home to 27% of the 100 largest Arab emerging companies that formed the 4th Industrial Revolution. Jordan also ranked first at the pan-Arab level in terms of its contribution to Arabic content industry on the Internet, with a participation rate of about 75% of the total Arabic e-content, she pointed out.

Source: Jordan News Agency

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