(MENAFN- Jordan News Agency)
Amman, May 17 (Petra) -- investment Minister Kholoud Saqqaf emphasized Jordan's strong commitment to investment, given its vital role in achieving comprehensive and sustainable economic growth.
Saqqaf made the remarks during a panel discussion on promoting investment and resilience in Jordan, which took place at the European bank for Reconstruction and Development (EBRD) 32nd Annual Meeting and Business Forum in Samarkand, Uzbekistan.
According to a statement from the Ministry, Saqqaf highlighted the government's efforts to implement numerous economic reforms aligned with the 2033 economic modernization vision. These reforms aim to create an optimal investment climate and enhance the business environment.
She noted that the Ministry of Investment's establishment serves as the main point of reference for investment in the Kingdom, along with the approval of a new investment environment law that adheres to international best practices.
This law, in addition to organizing public-private partnership projects, is designed to attract and enable investments while integrating into regional and global markets.
Saqqaf underscored that the investment engine is a crucial component of the vision, with the goal of stimulating domestic and foreign investments and improving Jordan's investment environment.
She added that the Ministry is working on numerous initiatives to establish Jordan as a competitive and appealing investment destination.
She revealed that a set of bankable projects has been identified, including investment opportunities in water, transportation, digital economy, and education sectors, as well as highly competitive economic sectors like information technology, tourism, medical tourism, pharmaceutical industries, life sciences, healthcare services, food industries, textiles, agriculture, logistics, chemicals, and fertilizers.
The Investment Minister encouraged businesspeople and investors to take advantage of the attractive investment benefits protected by law, and to capitalize on the free trade agreements linking Jordan with numerous countries for the import and export of goods to global markets.
These agreements include the European Free Trade Agreement, the Partnership with the European Union, the Greater Arab Free Trade Agreement, and the Free Trade Agreement with the United States.
Saqqaf emphasized Jordan's economic stability and favorable government policies, positioning the Kingdom as a prime destination for companies seeking to expand their regional operations.
Additionally, she stressed the Ministry's dedication to assisting and facilitating investor matters, providing follow-up, and ensuring swift procedures and smooth business operations.
Notable attendees at the event included the CEO of Aqaba Development Company, Hussein Al-Safadi, the Managing Director for the Southern and Eastern Mediterranean (SEMED) region at the EBRD Heike Harmgart, Philip ter Woort Director for the Eastern Mediterranean at EBRD, the CEO of Meridiam Thierry Deau, and the General Manager of MW Energy, Abdullah Zayed.
The EBRD is hosting its 32nd Annual Meeting and Business Forum in Samarkand under the theme "Investing in Resilience," featuring participants such as government officials, financial executives, companies, businesspeople, and civil society members from around the world. The event marks the largest gathering of its kind for the bank in Central Asia and its first return to the region since 2011.
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