By : Business Editor
Jordan Daily - Cabinet approved amendments to the Investment Environment Regulation for 2026 on Sunday, in a move aimed at improving the business climate and attracting more investment under the country’s Economic Modernization Vision.
Investment Minister Tareq Abu Ghazaleh said the changes were designed in response to feedback from investors and business sectors, focusing on simplifying procedures and reducing the time required to obtain licenses and approvals.
A key amendment introduces a “license to practice economic activities subject to compliance,” allowing projects in development zones to receive licenses based on investor commitments to meet regulatory requirements, with oversight conducted after operations begin.
The amended regulation also expands eligibility for investment incentives by easing conditions for expansion and modernization projects, supporting the adoption of new technologies, and including creative industries within incentive programs, Abu Ghazaleh noted.
The minister said the reforms would streamline services in development and free zones, reorganize the role of government commissioners within the one-stop investment service, and speed up investor transactions.
He added the measures are intended to attract high-quality investments, strengthen Jordan’s position as a regional investment hub, and create jobs across the kingdom’s provinces.
The amendments were drafted following consultations with more than 25 public and private sector entities and a broad range of investors, the minister said.
