Ramtha, June 17 (Petra)
Ramtha, June 17 (Petra) – Minister of Investment, Mothanna Gharaibeh, said Jordan is “capable of attracting” foreign investment due to its stability, security, and agreements concluded with various countries across the world.
The minister’s remarks came during a meeting on Tuesday with a group of investors from Al-Hassan Industrial Estate (HIE), in presence of diverese trade and economic stakeholders.
Speaking at the tour, he noted the government is working “continuously” to enhance the Kingdom’s “competitiveness” in the global market.
The minister added that Jordanian products have the “potential” to reach most countries across the world, thanks to the Kingdom’s free trade agreements signed with several “strategic” markets.
Gharaibeh noted the HIE investors’ expansion reach a volume of JD130 million in the food, pharmaceutical, and textile industries, with local, Arab, and foreign investments.
As part of his tour, the minister visited the 35-bed Al Sakhaa project, the first to be built within an industrial estate, employing approximately 100 Jordanian administrative and medical staff.
These expansions, he stated, were implemented despite the regional and global challenges facing investors, reflecting the “high” level of confidence in the Jordanian investment environment and the government’s facilitations in this regard.
On its futute plans, he noted the government is working to replace foreign workers with Jordanians in these projects and is providing all “necessary” facilitations to achieve this goal, while benefiting from foreign expatriates to transfer expertise.
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