EMV plans 63 initiatives worth JD245m for high-value industries

AMMAN — The executive plan for the Economic Modernisation Vision (EMV) for the years 2023-2025 has identified 63 initiatives for the high-value industries in the industry, agriculture, food security and logistics services sectors, at a total cost of JD245 million.

The industrial sector's initiatives aim to improve Jordan's global rankings, enhance local industry's competitiveness, maximise the volume of national exports, launch a policy to promote "Made in Jordan" products and create a strategic development database for manufacturing sectors.

In the agricultural and food security sector, the initiatives aim to improve Jordan's global ranking, simplify regulatory procedures, expand agricultural lending programmes and agricultural industries that use local production inputs, strengthen strategic grain stocks, adopt modern technologies, improve training services, develop agricultural marketing networks and establish cooperative associations.

Initiatives pertaining to the logistics and transportation sector seek to streamline legislation and procedures related to facilitating transport and trade, upgrade infrastructure for land transport and ports, digitise government services and enhance public-private partnerships, according to the Jordan News Agency, Petra. 

It also focused on the establishment of sustainable development and environmentally friendly projects, including a solar energy project at Queen Alia International Airport, and promoting regional connectivity for the transport sector.

The initiatives also focused on the mining sector, and involve creating a regulatory umbrella for natural resources, stimulating investments in mineral resources, drawing up a national mining strategy, launching an e-platform for investment opportunities and marketing extractive industries projects.