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Hijazi says legislative reforms drive Jordan’s FDI to JD1.12 bln

By: JD News Desk


Jordan Daily – Jordan’s foreign direct investment exceeded its 2024 target by about 900 million dinars, reaching 1.12 billion, with JD 721 million recorded in the first half of the year, reflecting rising investor confidence despite regional and domestic challenges, Director General of Jordanian Businessmen Association, Tariq Hijazi, said.

He attributed the growth to legislative improvements, political and financial stability, infrastructure development and incentives under the Economic Modernisation Vision, alongside stronger public-private partnership.

Hijazi said in press remarks the figures signal an improving business climate but noted that confirmation requires tracking other indicators, including new company registrations, digital government efficiency, productivity trends and progress on major sector projects.

He urged directing investment toward job-creating sectors, expanding technology-transfer projects and improving workforce skills, while strengthening after-care services.

He added that Jordan must intensify global investment promotion and highlight its competitive advantages in technology, renewable energy and pharmaceuticals, coupled with streamlined procedures and greater transparency.

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