Jordan: The Minister of Investment, Khloud Al-Saqaf, has participated in the Iraqi Jordanian Money and Business Forum entitled: “Building Bridges of Common Prosperity.” The forum was attended by more than three hundred participants from the Iraqi and Jordanian private sectors. The meeting stressed the importance of strengthening and empowering the Jordanian-Iraqi partnership in various areas, especially economic and investment.
As per the shared update, translating the fields of economics and investment into a reality that serves the interests of both countries was discussed during the meeting. The topics were covered due to the durability of fraternal relations, geographical proximity, and agreements signed between the two parties that contribute to establishing fruitful partnerships in all spheres.
In her remarks, the Minister said Iraqi investments in Jordan had contributed to economic development and distributed to many economic sectors such as real estate, finance, industrial, tourism, etc. It was further confirmed that the Kingdom is looking forward to more Iraqi investments, expanding its list and establishing productive partnerships that benefit both countries, said the reports.
The roof pointed out the most important reforms that the Jordanian government has undertaken economically, politically, and administratively to achieve comprehensive, sustainable growth and improve the quality of life for Jordanians, to twin with the vision of Economic Renewal 2033, which is a national roadmap of ambitious and realistic standards over the next ten years.
Meanwhile, it is shown that the investment engine is one of the most important drivers of the vision, aiming to stimulate local and foreign investments and promote the investment environment in Jordan.
The Newly created strategies by the Ministry of Investment to be concerned with the major investment portfolio and reference portfolio for investments in the Kingdom, and to achieve economic vision goals, the Ministry is implementing several key initiatives.
In this context, adopting the Kingdom’s Public Policy and Promotion Strategy for the years (2023-2026) included key priority sectors and target markets, as well as tools and mechanisms To promote these sectors, including the Investment Map Project.
The Minister of Investment reviewed the most important advantages and incentives included by the Investment Environment Act, regulations and instructions issued under it, and the most important investment opportunities in many attractive and competitive sectors to Iraqi investors.
Such sectors were mentioned as the IT sector, tourism and medical tourism, pharmaceutical and life sciences industries, healthcare services, food industries, clothing and textiles, agriculture and agricultural labour Related to logistics services, chemicals and fertilizers.
