Jordan Chamber Of Commerce, World Bank Discuss Investment Regulation Law

Amman, July 2 (Petra) -- Jordan Chamber of Commerce Vice President Jamal Rifai on Saturday discussed with a World Bank Group team the law regulating investment of the year 2022, and incentives to attract new capital to the Kingdom.
In a sttement, Rifai stressed the need to offer clear and solid incentives to projects in the pipeline, so that the private sector can publicize such incentives to lure in more investments that will prop up the job market, cut unemployment and lift GDP rates.
Regions with least growth rates, he stressed, should be taken into consideration along with startups owned by businesswomen to empower women, as well as granting incentives to help companies employ the target number of women and university graduates of certain disciplines.
Rifai stressed the need for stable economic regulation legislation in the Kingdom, noting that it should contain provisions to protect investors and prevent any other instructions by any government entity.

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