Kingdom of Jordan: Minister of Investment of Jordan, Al-Sakaf, emphasizes that the development areas help to distribute gains and provide job opportunities to the people of the provinces.
The Minister of Investment emphasized the importance of investing in Jordan, especially in the developing Dead Sea region, and the need to upgrade and develop the region in a way that suits its position in order to encourage investment opportunities, create new job opportunities and stimulate the tourism sector.
It came, during the tour, on Sunday, to the Dead Sea development area to check the workflow of a number of public and service facilities in the region, in addition to visiting a number of investment projects and meeting with a number of investors in order to listen to them, advocate for their needs and to provide scientific and practical solutions to any challenges they face, according to the update by the Ministry of Investment.
The update has informed that the Minister of Investment Al-Sakaf was accompanied by the Minister of Investment in field tour by a specialized team of the Ministry and Chairman of the Board of Directors of the Jordanian Group for Free and Development Zones, Dr Khalaf Hamisat, Director General of the Development Areas, Eng Arwa Al-Hayari, Governor of Madaba and Acting of the Southern Shouna Brigade.
The update by the Ministry added that Ceiling heard a presentation by the Jordanian Group for Free Zones Development and Development about the economic importance, development role of the Dead Sea area and the advantages it offers to investors in addition to some challenges.
As the Minister of Investment Al-Sakaf affirmed the importance of development areas for the national economy, helping to distribute development gains to all governorates of the Kingdom and helping to provide job opportunities to the people of the provinces, in addition to the importance of the development Dead Sea Region which is one of the most important developmental areas in the Kingdom, given the global features it has It has the Dead Sea and its geographical location on the world map.
Emphasizing the need to work to invest in these features which will ensure the revival of investment movement in the region, and that the companies of development areas should improve the services provided by them in the areas they manage, accomplish development works in the region, such as the creation and sustainability of infrastructure, constructing buildings, making improvements and maintenance, and providing environmental requirements and conditions Waste collection and disposal services, let these areas be highly competitive in attracting new investment and empowering existing ones, as per the official update.
It is noteworthy that the total volume of existing, contracted and agreed investments in the Dead Sea development area until the end of 2022 reached approximately (724) million JD and the development areas administration 2022 was able to sign several diverse development agreements in the Dead Sea area and the size of investment expected to reach 34 million JD.
Under the Investment Environment Act, the Ministry of Investment is the body responsible for overseeing and regulating its work of development and free zones.