King Abdullah II Prioritizes Foreign Investment to Enhance Jordan’s Economy

His Majesty King Abdullah II highlighted the importance of foreign investment for Jordan’s economy during a meeting with international investors. The King discussed ongoing administrative reforms and the Economic Modernisation Vision, which aims to leverage the country’s strengths to create jobs and attract $18 billion in foreign investment by 2033. Investors shared positive experiences and expressed interest in future opportunities in Jordan.

His Majesty King Abdullah II of Jordan has emphasized the critical importance of attracting foreign investment to bolster the nation’s economy. During a recent meeting with both Arab and international investors at Al Husseiniya Palace, attended by His Royal Highness Crown Prince Hussein, the King stated that enhancing the business environment for investors is a priority. He reaffirmed Jordan’s commitment to implementing administrative reforms aimed at improving investment conditions and fostering economic growth, particularly through the Economic Modernisation Vision, which seeks to leverage the Kingdom’s strengths and generate job opportunities. Representatives from various sectors—including transportation, energy, logistics, healthcare, and manufacturing—gathered to discuss their experiences and successes within Jordan. Investors present included notable companies such as Amazon from the United States and Meridiam from France. They expressed enthusiasm for future investment prospects in Jordan, contributing to the country’s goal of attracting $18 billion in foreign direct investment by 2033. This ambitious initiative aims to ensure sustainable economic growth going forward. The meeting was attended by key figures, including Prime Minister Jafar Hassan and other ministers responsible for economic affairs and investment.

The article discusses the significant efforts undertaken by Jordan, under the leadership of His Majesty King Abdullah II, to attract foreign investment as a crucial element for economic growth and job creation. The focus on modernizing administration and enhancing the business environment reflects a broader Economic Modernisation Vision aimed at leveraging Jordan’s existing strengths to improve the economic landscape. Attracting substantial investment is particularly vital for Jordan, given its need for sustainable growth and diversification of its economic activities.

The commitment expressed by His Majesty King Abdullah II to attract foreign investment signals Jordan’s proactive approach to economic modernization and growth. By fostering a conducive environment for investments, as well as aiming for a significant influx of capital over the next decade, Jordan hopes to stimulate job creation and sustainable development. The involvement of diverse international investors underscores the potential of the Kingdom as a viable destination for foreign direct investment.

Original Source: jordantimes.com

Ava Sullivan

Ava Sullivan is a renowned journalist with over a decade of experience in investigative reporting. After graduating with honors from a prestigious journalism school, she began her career at a local newspaper, quickly earning accolades for her groundbreaking stories on environmental issues. Ava's passion for uncovering the truth has taken her across the globe, collaborating with international news agencies to report on human rights and social justice. Her sharp insights and in-depth analyses make her a respected voice in the realm of modern journalism.

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