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AMMAN — Minister of Digital Economy and Entrepreneurship Sami Smeirat and Minister of Investment Tareq Abu Ghazaleh have concluded an intensive economic tour in the Czech capital, Prague.
The tour aimed at expanding bilateral trade and investment ties, and preparing for the upcoming "Jordan-Europe" Investment Conference, according to a Ministry of Investment statement issued on Tuesday.
In the presence of Jordan’s Ambassador to the Czech Republic Mohammad Hindawi, the ministerial delegation discussed ongoing arrangements for the conference, which the Kingdom is scheduled to host this November.
The ministers began their visit by meeting Czech First Deputy Prime Minister and Minister of Industry and Trade Karel Havlíček, stressed the importance of elevating economic cooperation, expanding public-private partnerships (PPPs), and increasing the presence of Czech firms in the Jordanian market to tap into the Kingdom's promising opportunities.
Discussions focused on the upcoming conference, with the ministers inviting the Czech government and business community to participate in the event.
The conference serves as a key platform bringing together government officials, investors and financial institutions to showcase projects and engage directly with decision-makers.
The two sides also explored joint ventures in the digital economy, cybersecurity, artificial intelligence (AI), advanced industries, renewable energy, water, medical technology, smart transport and PPP projects.
To engage directly with the Czech private sector, the ministers as well attended a Jordanian-Czech business forum hosted by the Czech Ministry of Industry and Trade.
The event was attended by Czech Deputy Minister of Industry and Trade Jan Sichter, Vice President of the Czech Chamber of Commerce Radek Jakubský and representatives of 30 Czech companies.
The forum featured discussions on a proposal to establish a Jordanian-Czech business council and designate direct focal points to provide investors with information on potential ventures, facilitating seamless communication between business entities in both nations.
The ministers briefed the Czech representatives on the latest developments in Jordan’s regulatory climate and digital economy.
They highlighted prospects in manufacturing, energy, water, technology, cybersecurity, smart transport, medical technology, 3D printing, and the green economy, underlining the Kingdom's stable business environment, legislative reforms and competitive advantages that bolster its appeal for high-value investments.
An interactive discussion took place with the Czech business representatives regarding Jordan's economic ecosystem, market entry requirements, partnership mechanisms with local firms and the specific projects to be floated at the November conference.
Smeirat stressed that Jordan continues to bolster its digital economy and entrepreneurship ecosystem through advanced technological infrastructure, a highly qualified workforce and a growing innovation landscape, boosting prospects for cooperation with Czech firms in high-tech and digital transformation.
For his part, Abu Ghazaleh affirmed that the Kingdom is actively upgrading its investment climate by modernising legislation, streamlining procedures, and enhancing investor services.
He noted that the Jordan-Europe Investment Conference will serve as a strategic platform to forge sustainable partnerships, leveraging Jordan's political stability and strategic location as a regional gateway.
Ambassador Hindawi noted that Jordan remains a cornerstone of regional stability and security, providing a solid foundation to strengthen economic cooperation and scale up existing ties between Amman and Prague.
He urged building on these relations to unlock broader trade horizons.
The ministers concluded their tour by meeting executives from Czech cybersecurity firm WULTRA to discuss partnership prospects in cyber security, digital transformation and digital identity, in light of global advancements in quantum computing.
The firm, which specialises in secure digital services and identity protection, was invited to invest in Jordan and leverage its competitive advantages.
WULTRA executives expressed strong interest in exploring local opportunities, citing the Kingdom's robust technological framework and skilled talent pool, according to the statement.
