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JIC chair presents Jordan’s investment opportunities at Oslo symposium

By JT - Jan 14,2020 - Last updated at Jan 14,2020

AMMAN — Jordan has advanced in several international indicators, and has investment opportunities that make it a “fertile environment” for investors and their businesses, Chairman of the Jordan Investment Commission (JIC) Khalid Wazani said on Tuesday.

Speaking at an investment symposium in Norway, organised by the Jordanian embassy in Oslo, Wazani said that Jordan's development in such indicators enhances the overall investment environment, referring to the World Bank's Doing Business report that put Jordan among the top 20 countries out of 190 that witnessed economic reforms. 

He also noted that Jordan possesses competitive investment characteristics, facilities and incentives, as the Kingdom has signed several international agreements that allow Jordanian products to access markets with more than one billion consumers, according to a JIC statement.

The chairman offered Norwegian businesspeople "direct and promising" investment opportunities in several sectors, including the ICT, tourism, agriculture, healthcare, transport, energy, water and environment sectors, where investors can benefit from Jordan’s Investment Law.

Also during the event, co-organised with the Oslo Chamber of Commerce, President of the Aqaba Special Economic Zone Authority Nayef Bakhit delivered a presentation on investment opportunities in the zone, highlighting the importance of the geographical location of Aqaba and its role in international trade.

Yazan Khudeiri, assistant director general of the Jordan Tourism Board, reviewed top investment opportunities in the tourism sector, referencing the increasing number of tourists visiting the Kingdom due to competitive tourist services and distinguished archaeological sites, the statement said.

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