Jordan-EU Investment Conference to Strengthen Economic Ties and Boost Exports

Amman:The Jordan-EU Investment Conference is set to enhance economic relations by fostering partnerships between Jordanian and European businesses. Aiming to attract quality investments and boost exports, the conference will also focus on creating job opportunities.

According to Jordan News Agency, the conference is scheduled for November 19 at the Dead Sea and will delve into investment opportunities across sectors such as renewable energy, clean technologies, manufacturing, the digital economy, logistics, and infrastructure. Ihab Qadri, a board member of the Jordan Chamber of Industry, emphasized the conference as a vital step in solidifying economic and industrial cooperation with the EU, especially following their comprehensive strategic partnership.

Qadri highlighted Jordan's industrial sector's potential to offer promising opportunities for European investors, particularly in pharmaceuticals, medical supplies, food, engineering, electrical, chemical, fertilizer, and garment industries. He also discussed potential collaborations in green industries and advanced technologies to enhance the competitiveness and sustainability of Jordanian products.

Abdul Rahman Abu Tir, founder of Smart Millennium, noted Jordan's strategic location, trade agreements, skilled workforce, and industrial capabilities as attractive investment factors. He identified promising cooperation areas in renewable energy, smart energy management, clean technologies, water, advanced manufacturing, artificial intelligence, and data analytics.

Fawaz Qattan, Vice Chairman of the Board of Directors of the Mohammed Al Qattan Group, sees the conference as a significant opportunity to draw European investments through major projects supporting economic growth and employment. He advocated for leveraging European expertise in technology and vocational training, particularly in railway development and renewable and clean energy.

Ramzi Qandalaft, Founder and CEO of Al Faiha Engineering Materials Group, pointed out the potential for expanding Jordanian exports to European markets in textiles, garments, chemicals, food products, and phosphate and potash derivatives. He emphasized that the conference could help establish direct business ties and increase the presence of Jordanian products in European markets.