Announced on Sunday, this platform caters to both Arabic and English speakers, and is designed to streamline communication with investors, both domestic and international, and acquaint them with the Kingdom’s business environment. Investment Minister Kholoud Saqqaf stated that the platform’s launch aligns with the 2023-2026 investment policy and promotion strategy and is part of the ministry’s action plans in accordance with the Vision for Economic Modernization 2033. The platform aims to foster, facilitate, and promote investment, ensure a sustained appealing investment climate, and bolster confidence in a systematically developed and organized investment landscape. Saqqaf emphasized that the platform would equip investors with crucial information needed during their investment journey within the Kingdom. This includes understanding the legislative framework for investment, the necessary steps for electronic registration and licensing of projects, and the range of exemptions and privileges granted to economic activities both inside and outside of development and free zones, including the Aqaba Special Economic Zone. Saqqaf noted that the platform would feature 21 investment opportunities, diversified both sectorally and geographically within high-value-added economic sectors, aligning with the vision of economic modernization. These opportunities represent an anticipated investment size of about one billion Jordanian dinars. Investors can explore the benefits of investing in priority economic sectors defined in the 2023-2026 investment promotion strategy. These sectors encompass information technology and communication, life sciences, healthcare, tourism, mining, food industries, knitwear and clothing, and the film industry. Saqqaf shared that these opportunities would be regularly updated in collaboration with public and private sectors. The platform will also include sectoral studies and fresh investment opportunities on a periodic basis, starting from the next month. Invest.jo will also feature an interactive investment map covering all regions and governorates of the Kingdom. This will allow potential investors to access key information related to their chosen investment opportunity. The Invest.jo platform has been implemented in partnership with the USAID economic reform program. The initiative is aimed at bolstering the Kingdom’s endeavors toward comprehensive and sustainable reform by enhancing policies, facilitating investments, and improving the competitiveness of the economic landscape.
Source: Jordan News Agency