King Abdullah has declared that attracting foreign investment is a top priority for Jordan’s economy, aiming for $18 billion in investments by 2033. The King outlined initiatives to enhance the business environment during a meeting with investors from various sectors, emphasizing the Economic Modernisation Vision as crucial for economic growth and job creation.
His Majesty King Abdullah emphasized the critical importance of attracting foreign investment to bolster Jordan’s economy during a recent meeting with both local and international investors at Al Husseiniya Palace. Accompanied by HRH Crown Prince Hussein, the King reiterated the Kingdom’s commitment to modernizing administrative processes to enhance the business environment. He highlighted the Economic Modernisation Vision as a framework designed to unify efforts aimed at accelerating economic growth and generating job opportunities. Representatives from diverse sectors, including transport, logistics, energy, and healthcare, participated in discussions, sharing success stories of their investments in Jordan and expressing interest in future opportunities. The King stressed that the nation is targeting $18 billion in foreign direct investment by 2033 to ensure sustainable economic development, reflecting the Kingdom’s strengths and compelling advantages.
The focus on foreign investment in Jordan highlights the country’s strategy to enhance its economic performance and diversify its revenue sources. The Economic Modernisation Vision outlines a comprehensive approach to administrative reform aimed at improving investment conditions. Engaging with esteemed investors and showcasing the potential of various sectors serves to build confidence in Jordan’s investment landscape, ultimately driving sustainable growth and opportunities for the local workforce.
In conclusion, King Abdullah’s message asserts the pivotal role of foreign investment in Jordan’s economic strategy. The Kingdom’s ongoing efforts to improve its business environment, coupled with targeted investments, position it as an attractive destination for international stakeholders. Through the Economic Modernisation Vision, Jordan aims to not only attract substantial investment but also generate employment and foster economic resilience.
Original Source: jordantimes.com
