The FDI in Jordan Grew by 2%

  • Amman, Hashemite Kingdom of Jordan
  • 28 June 2021
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The foreign direct investment in Jordan grew by 2% last year, with an investment volume of about 497 million dinars, according to central bank estimates.

The Acting Chairman of Jordan Investment Commission, Faridon Hartouqa, explained that "the volume of investment projects benefiting from the Investment Commission Law in Jordan increased during the year 2020 by 26.4%, compared to the same period in 2019, where the number of projects benefiting from the Investment Law during the past year reached 376 investment projects, with a total value of 618.4 million dinars, and an expected employment volume of about 24,000 jobs.”

Hartouqa pointed out that "the international indicators showed an improvement in the investment environment in the Kingdom, as Jordan was classified in the "Ease of Doing Business 2020" report issued by the World Bank Group as one of the 10 most reformed countries in the world." He pointed out that "Jordan's inclusion among the top three countries in the world has improved in the ease of doing business, in addition to its progression of nine positions in the Global Competitiveness Book for the year 2021, issued by the International Institute for Management Development, achieving 49th and fourth in the Arab world compared to the rest of the world."

Source (Asharq Al-Awsat Newspaper, Edited)

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