Saqqaf highlights Jordan’s investment potentials at EBRD forum in Uzbekistan

AMMAN — Jordan places great importance on investment due to its significant role in achieving comprehensive and sustainable economic development, Minister of Investment Kholoud Saqqaf said on Wednesday.

During her participation in the 32nd Annual Meeting hosted by the European Bank for Reconstruction and Development (EBRD) and the Business Forum in Samarkand, Uzbekistan, Saqqaf noted that the government has implemented numerous economic reforms aligned with the Economic Modernisation Vision 2033. 

The minister noted that investment serves as a vital driver of the vision, with a focus on stimulating both local and foreign investments while strengthening the investment landscape in Jordan. To this end, the Ministry of Investment has undertaken several initiatives aimed at positioning Jordan as a competitive and attractive investment destination, she said.

During a panel session centred on advancing investment and resilience in Jordan, featuring Heike Harmgart, EBRD Managing Director for the Southern and Eastern Mediterranean (SEMED) region, Meridiam’s CEO Thierry Déau and General Manager of MW Energy Abdullah Zaid, Saqqaf emphasised the significance of public-private partnerships in driving economic development, highlighting the superior outcomes and results achieved through collaboration compared to individual efforts. 

She further identified a range of financeable projects spanning various sectors, including water, transportation, digital economy and education. In addition, she highlighted numerous high-potential investment opportunities in sectors such as information technology, tourism (including medical tourism), pharmaceuticals and life sciences, healthcare services, food industries, clothing and textiles, agriculture and related agricultural labour, logistics services, as well as chemicals and fertilisers.

The minister urged the business community and investors to capitalise on the attractive and legally preserved investment benefits offered by the Kingdom. She also encouraged leveraging the country’s free trade agreements with several nations, including the European Free Trade Agreement, the Partnership Agreement with the European Union, the Greater Arab Free Trade Agreement, and the Free Trade Agreement with the United States.