Amman: Minister of Investment Tariq Abu Ghazaleh and Minister of Tourism and Antiquities Imad Hijazeen emphasized the critical role of economic diplomacy in attracting foreign investments and boosting Jordan's tourism sector. They spoke at the session "Pillars of the Economic Modernization Vision System Towards Achieving Sustainable Economic Development," part of the Economic Forum for Diplomatic Missions in Jordan.
According to Jordan News Agency, Abu Ghazaleh described the Economic Modernization Vision as a strategic roadmap that guides government actions and sets national economic priorities. He emphasized a collaborative framework that enhances the private sector's growth role, asserting that investment promotion involves a comprehensive government effort rather than being solely the Ministry of Investment's responsibility. This involves enabling both domestic and foreign investors, simplifying procedures, and broadening access to promising investment opportunities.
Abu Ghazaleh elaborated on the restructured investment model, which offers around 100 varied, development-focused opportunities across Jordan, supported by transparent cost structures and feasibility studies for informed decision-making. He mentioned ongoing initiatives to streamline procedures, revamp administrative processes, and boost sectoral integration, alongside fostering strategic partnerships with the private sector. He also pointed to the creation of an interactive digital platform providing detailed investment information, including incentives and regional opportunities, with plans for full service automation.
Further, Abu Ghazaleh stated that the Ministry has assessed current projects, revived stalled undertakings, and reallocated underperforming assets into new investment channels to optimize state resource usage. He stressed the importance of collaborating with the Ministry of Foreign and Expatriate Affairs, highlighting joint efforts with Jordanian ambassadors to promote priority sectors and draw international investors. Continuous engagement and clear, transparent information dissemination through media and digital platforms were also underscored.
Abu Ghazaleh noted that the national investment strategy aims to enhance transparency, empower investors, and maximize investment contributions to sustainable economic growth.
In his remarks, Hijazeen highlighted tourism as a vital economic growth driver under the modernization vision, citing its potential to create opportunities across Jordan and its adaptability as an economic product. He noted the sector's resilience amid regional and global challenges, with tourism revenues reaching JD880 million in the first two months of 2026, up from JD749 million in the same period of 2023, indicating a strong recovery.
Hijazeen discussed efforts to fortify the sector's resilience through tailored policies and financial support, including from the Development and Employment Fund and the Central Bank of Jordan, along with a dedicated fund for supporting small and medium tourism enterprises. He emphasized the role of diplomatic missions in promoting Jordan as a tourism destination and attracting investment, stressing that foreign travel advisories should be based on accurate official information to protect Jordan's image and the sector's credibility.
Hijazeen concluded that Jordan's security, stability, moderate policies, and integrated tourism infrastructure position the Kingdom to further expand tourism investments and achieve sustainable growth in the sector.