Ammon News - Deputizing for His Majesty King Abdullah II, Deputy Prime Minister for Economic Affairs and Minister of State for Public Sector Modernization, Nasser Shraideh, on Saturday inaugurated in Amman, the 8th Jordanian Investors and Businessmen Abroad Conference.

The event is organized by the Jordanian Businessmen Association (JBA), in partnership with Ministries of Foreign Affairs and Investment.

In his opening remarks, Shraideh conveyed His Majesty King Abdullah II's greetings to the participants in the conference, which plays an "essential" role in achieving goals of the Kingdom's Economic Modernization Vision (EMV) that represents one of the Kingdom's reform and modernization pathways as it enters its bicentennial.

Shraideh noted the conference also represents a form of "true" partnership between the public and private sectors, as part of the King's vision to make this goal the nexus of the government's work approach now and in the coming years.

The government, he said, worked to open "fresh" horizons for investment, which would enable the Kingdom to attract new investments or expand existing ones, to move wheel of Jordan's economic development, noting that the Ministry of Investment today became the first reference authority for the Kingdom's investment system.

He said stimulating economic growth, increasing growth rates, achieving more job opportunities for Jordanians, accessing new markets, transferring knowledge to the national economy, and increasing added value, can only be achieved through investment, which is the solution to achieving these drivers.

The minister also pointed to the government's efforts in recent years to empower the private sector, set the legislative framework for this purpose and review multiple important laws.

This effort, he said, aims to give the private sector the helm of leading economic affairs in the next stage.