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18 April 2024

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King: Attracting foreign investment is a priority for the Jordanian economy

13-11-2024 05:04 PM


Ammon News - Jordan eager to support investors' efforts and advance their initiatives.

Ammon - His Majesty King Abdullah II emphasized that securing foreign investments is essential for the Jordanian economy, and that the Kingdom is committed to easing the work of investors and advancing their projects.

In his Wednesday meeting at Al Husseiniya Palace with Arab and foreign investors, along with representatives from major companies, His Majesty emphasized the importance of proceeding with administrative modernization plans to enhance the business climate and establish a more appealing environment for investments.

His Majesty, alongside His Royal Highness Crown Prince Al Hussein bin Abdullah II, emphasized that the vision for economic modernization leverages the Kingdom's strengths and benefits, aiming to consolidate efforts to boost economic growth and create job opportunities.

The participants come from the fields of transportation, logistics, energy, water, mining, healthcare, industry, and aviation.

The gathering featured delegates from KBW Investments-Saudi Arabia, the Saudi Jordanian Investment Fund, Meridiam-France, Amazon-USA, Korea Electric Power Corporation, AP Moller-Denmark, Kuwait's Privatization Holding Company, Jin Cheng Global International Ceramics-China, and Airport International Group-France.

The investors shared their successful investment experiences in Jordan and expressed their eagerness to capitalize on upcoming investment opportunities in the Kingdom.

The Economic Modernization Vision aims to draw in $18 billion in foreign direct investment by 2033, promoting sustainable development.

The gathering was graced by Prime Minister Dr. Jaafar Hassan and the Director of His Majesty the King’s Office, Eng. Alaa Batayneh, Minister of State for Economic Affairs Muhannad Shehadeh, along with Minister of Investment Eng. Muthanna Gharaibeh.




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