Investment Council meeting approves new online, integrated platform

AMMAN — Prime Minister Bisher Al Khasawneh on Thursday presided over a meeting of the Investment Council.

During the meeting, the Prime Minister emphasised the significant role of the Investment Environment Enhancement Law in balancing the investment landscape within the Ministry of Investment. 

This comprehensive law aims to unify the investment framework, streamline procedures and simplify procedures, eliminating the need for investors to navigate various government departments and agencies to complete their transactions.

The prime minister highlighted the reduction in bureaucratic obstacles faced by investors due to the Investment Environment Law. 

A noteworthy outcome of the meeting was the approval of the integrated investment platform (invest.jo). This platform adheres to international best practices and serves as a gateway to promote investment opportunities in Jordan. It showcases the Kingdom's competitive advantages and provides comprehensive information across all sectors.

The prime minister emphasised the importance of launching the platform soon and the need to update the websites of ministries and government institutions, ensuring enhanced accessibility to information and services. 

Minister of Investment Kholoud Saqqaf updated the council on the progress of discussions with stakeholders from both the public and private sectors, which  revolved around the draft law on public-private partnership projects, currently undergoing review by the Legislation and Opinion Bureau, to be endorsed by the Cabinet and referred to the Lower House.

The draft law on public-private partnership projects is accessible to the public through the website of the Legislation and Opinion Bureau, the premier said, noting that the implementation of this law, along with the approval of the partnership law would provide comprehensive solutions to challenges faced by investors.