Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

Jordan, a gateway for reconstruction projects in region

20-11-2017 02:22 PM


Ammon News - AMMONNEWS - Jordan Investment Commission Secretary General Faridoun Hartoqa said Monday that Jordan is a gateway and a launchpad for reconstruction projects in war-ravaged Syria and Iraq.

He told the Silk Road3 business conference held in Amman that many sectors had great opportunities to contribute to reconstruction projects in the region, estimated at about 500 billion dollars, the most important among these are infrastructure, health, energy, construction, education and housing.

Hartouqa pointed to the major investment opportunities available in the Kingdom, including the $280 million Aqaba Express train project, the $1 billion Aqaba Lake Resort, the $300 million Al Reeshah Oil Shale Project and the $100 million Al Okeider Industrial Wastewater Treatment Plant.

He also mentioned the construction of a $100 million hospital in the Aqaba Governorate and the Dead Sea Corniche at a cost of 1.3 billion dollars, in addition to other opportunities in all the governorates, at a rate of 10 projects for each region spread over the various economic sectors at an estimated volume of JD302 million, which together will provide about 3,800 jobs.

He also pointed out that the new investment legislation provides key privileges to investors, which enable representatives of the investment window to issue the necessary permits and direct exemptions (sales tax and customs duties) for goods, services and production inputs for industrial purposes and fixed assets as well as other facilities.

During the conference, which was organized by the Jordanian-Palestinian Business Forum, Hertouqa outlined the sectors that have high added value in the Kingdom, including the health, pharmaceutical, renewable energy and ICT sectors.

The two-day conference drew 500 businessmen from 30 Arab and world countries in addition to Jordan to highlight the investment environment in the Kingdom and the marketing of development projects and entrepreneurship projects for young men and women entrepreneurs.




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :