jordan pulse -
Experts and businesspeople have said that Jordan's favorable legal climate for foreign investments and secure business operations give the country a leg up on the competition to lure in foreign capital and conduct successful ventures.
In interviews with the Jordanian News Agency (Petra), they said that the tourism, IT, industry, and agriculture sectors in the Kingdom offer a lot of potential for rewarding investment.
Further, they argued that Jordan should emphasize its advantageous location, introduce robust marketing strategies, and make the most of free trade agreements if it wants to reap the benefits of its favorable investment climate.
His Majesty King Abdullah II, while chairing a cabinet meeting, recently emphasized the investment appeal of the Kingdom, saying that there are investment success stories in the country and that those who bet against Jordan's stability have lost their investments abroad.
Muhannad Shehadeh, a former minister of investment, stated that Jordan has a sizable pool of highly skilled and qualified human talent in the information technology and software sector, highlighting the need to concentrate on this sector in order for Jordan to serve as a regional launch hub for international markets.
In turn, Omar Naber, chairman of the Lower House of Parliament's Economy and Investment Committee, argued that Jordan's stability is just one of many factors that make the country attractive to investors.
Raising Jordan's indicators in all aspects related to investment, making it easier to do business, implementing the investment law in its entirety through the investment window, and creating a master plan for each sector are all important, he added.
petra