Jordan Strategy Forum points to improvement in investment climate
Date
11/25/2017 4:46:07 PM
(MENAFN- Jordan News Agency) Amman, Nov 25 (Petra) –– The investment environment in the Kingdom has in the last two months made some improvement, according to some criteria, while showing a slight retreat by others, and that there is plenty of room to achieve the kind of improvement an investor would like to see, according to the Jordan Strategy Forum's latest report. But the Investor Confidence index report carried out by the forum in September and October showed that the improvement was not enough, stressing that investor confidence is a very important matter that the forum closely monitors through a survey conducted every six months.
"When confidence in the economy's performance is high, and the private sector is oriented toward positive investment, we can expect a real, strong and stable growth", the report pointed out, noting that when confidence rises, the new investors are inclined to join the market and existing investors tend to expand their businesses, and also when confidence increases, consumers' demand for goods and services will increase.
On the most important results of a survey, the report indicated that 30.2 per cent of investors surveyed were willing to expand their business next year, while 58.9 percent said they intend to keep their businesses unchanged, and 5.7 per cent said they will reduce their businesses.
The survey showed that 21.4 percent of surveyed investors believe their volume is better in 2017 than in 2016, while 49.7 percent of investors said that their businesses in 2017 was worse than in 2016.
It showed that 35.9 per cent of investors in the sample indicated that their businesses would be better off in the next 12 months, while 29.8 per cent expected them to stay the same, compared to 26.4 percent who expected them to be worse than it is now.
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25/11/2017 - 04:07:38 PM
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