King Abdullah prioritized foreign investment for Jordan’s economy during a recent meeting, asserting that the Kingdom will modernize administrative processes to enhance the business environment. The Economic Modernisation Vision aims to attract $18 billion in foreign investments by 2033, showcasing success stories from various sectors and international companies eager for future opportunities in Jordan.
His Majesty King Abdullah emphasized the critical importance of attracting foreign investment for the Jordanian economy during a recent meeting with investors, which was also attended by HRH Crown Prince Hussein. King Abdullah expressed a commitment to facilitating business operations and enhancing the investment landscape in Jordan through continued administrative modernization efforts. He underscored that the Economic Modernisation Vision would leverage the Kingdom’s strengths to stimulate economic growth and create job opportunities. The meeting brought together prominent figures from various sectors, including transport, energy, and healthcare, along with representatives from international corporations such as Amazon, Korea Electric Power Corporation, and Meridiam. The King highlighted the goal of attracting $18 billion in foreign direct investment by 2033, aiming to promote sustainable growth within the Kingdom. Investors shared successful experiences from their ventures in Jordan and expressed enthusiasm for future opportunities.
The focus on foreign investment is pivotal for Jordan amidst economic challenges. The Kingdom has initiated the Economic Modernisation Vision, which aims to streamline processes that attract investors, improve the overall business environment, and enhance economic resilience. By forging relationships with global investors across diverse sectors, the Jordanian government seeks to create job opportunities and stimulate growth, which are essential for the nation’s development goals.
In conclusion, King Abdullah’s commitment to prioritizing foreign investment signifies a strategic approach towards enhancing Jordan’s economic landscape. Through efforts to modernize administration and attract substantial investments, Jordan aims to leverage its strengths to achieve sustainable economic growth. The collaboration with international investors reflects a robust confidence in the Kingdom’s future potential.
Original Source: jordantimes.com
