The Jordanian Businessmen Association (JBA) participated in the Annual Investment Forum 2023 held in Abu Dhabi, according to a statement on Wednesday. The association’s Director General Tariq Hijazi participated in a special session on promoting and highlighting investment opportunities in Jordan, chaired by the Minister of Investment Kholoud Saqqaf and in the presence of the Secretary-General of the Arab League Ahmed Aboul Gheit. Hijazi gave a presentation on the role of the association in attracting investment and promoting the investment environment in the Kingdom, and its commitment, since its establishment in 1985, to creating a hub for Jordanian businessmen and working as an investment arm that provides an appropriate business environment for the private sector, and enhancing the prospects for partnership between the public and private sectors in various areas. He pointed out that the association represents, through its members, about 12 economic sectors, and is linked through 28 business councils with similar economic activities in various Arab and foreign countries, adding that it links the Jordanian business community with its counterparts in various countries, in addition to providing an opportunity to establish investment partnerships and introducing the most important investment opportunities available in the Kingdom. He indicated that the Jordanian economy is diverse with the service sector contributing about 70.8 percent of the Gross Domestic Product, the industrial sector by about 25.4 percent, and the agricultural sector by 3.8 percent, stressing the top-notch services provided in the fields of tourism, communications and financial services. Hijazi underscored the importance of the role of the Arab Businessmen Union, which was established in 1997 as one of the institutions of joint Arab action, in strengthening relations and interdependence between the Arab business communities and various countries, thereby promoting Arab economic integration. Highlighting the Jordanian investment environment’s advantages, Hijazi pointed out that Jordan is a safe destination for investment, has monetary stability, a skilled workforce, a strategic location and a number of free and development zones, which offer customs and tax exemptions.
Source: Jordan News Agency