Jordan Daily – Jordan’s economic modernization vision, inspired by King Abdullah and developed collaboratively across sectors, was outlined by Prime Minister Jafar Hassan on Sunday during a Jordan Strategy Forum (JSF) event.
Hassan emphasized that the modernization plan is a joint effort, with contributions from both the government and private sector. “We are working within a clear timeline, guided by priorities, measurable outcomes, and a shared agenda,” he said.
The prime minister highlighted two key priorities: boosting investment to increase economic and employment opportunities, and reducing the medium-term cost of servicing external debt.
He noted progress on strategic projects, including the National Water Carrier and the National Railway, which will link Aqaba, Maan, and the southern Dead Sea area, benefiting the industrial, energy, and contracting sectors. These initiatives are primarily funded by foreign investment, though local investors are also encouraged to participate.
Hassan stressed plans to expand Jordan’s gasoline and renewable energy sectors, as electricity demand is projected to rise by over 30% in the next six years. He also pointed to efforts to stimulate growth through industrial and export funds, food industry development zones, and tariff protections for local products.
On digital transformation, the prime minister announced accelerated efforts to digitize public services and remove bureaucratic barriers, with several projects expected to be completed within two years.
JSF members called for stable regulations to build investor confidence and suggested creating a private sector-led fund to support major projects.
