King Abdullah Emphasizes Foreign Investment as Key to Jordan’s Economic Growth

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His Majesty King Abdullah highlighted foreign investment as a key priority for Jordan’s economy during a meeting with investors. He emphasized ongoing efforts to modernize business operations and the Economic Modernisation Vision aimed at attracting $18 billion in foreign investments by 2033. Investors from various sectors expressed confidence in Jordan’s potential, sharing success stories and future opportunities.

During a meeting held at Al Husseiniya Palace, His Majesty King Abdullah emphasized the significance of attracting foreign investment for Jordan’s economic growth. Joined by HRH Crown Prince Hussein, His Majesty expressed Jordan’s commitment to enhancing the business environment for investors through the continuation of administrative modernization efforts. He highlighted the Kingdom’s Economic Modernisation Vision, which aims to harness Jordan’s strengths to stimulate economic development and job creation. Investors from various sectors, including logistics, healthcare, and manufacturing, shared their success stories in Jordan, demonstrating a shared interest in exploring further investment opportunities in the country. The Economic Modernisation Vision seeks to bring in $18 billion in foreign direct investment by 2033 to promote sustainable growth and development. The meeting witnessed attendance from prominent figures including Prime Minister Jafar Hassan and Minister of Investment Mothanna Gharaibeh.

The article discusses an important meeting convened by His Majesty King Abdullah to address the need for foreign investment in Jordan. It provides insight into the ongoing Economic Modernisation Vision which is designed to bolster economic growth and job creation while enhancing the business environment for upcoming investors. This initiative aligns with the Kingdom’s long-term objectives to attract significant foreign direct investments, thereby stimulating sustainable economic growth.

In conclusion, the focus placed by His Majesty King Abdullah on attracting foreign investment underlines its critical role in advancing Jordan’s economy. The initiatives outlined through the Economic Modernisation Vision aim to tap into Jordan’s inherent strengths, fostering a conducive atmosphere for local and international investors. Through such efforts, Jordan aspires to achieve substantial foreign direct investment and bolster its economic landscape by 2033.

Original Source: jordantimes.com

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