(MENAFN- Jordan News Agency) Amman, Sept. 10 (Petra) -- Prime Minister Hani AL Mulki on Sunday attended a ceremony to launch the investment map for the governorates that was drawn up by the Jordan Investment Board with the support of the Ministry of Planning and International Cooperation.
The investment map is part of continued and intensive royal efforts to achieve a qualitative leap in the development process as well as social justice in distributing development gains in all the Kingdom's governorates in order to achieve sustainable development and attract investments that will improve Jordanians living conditions and support the national economy.
The investment map aims to specify investment opportunities in the economic, industrial, agricultural, tourism and services sectors that would contribute to job-creation in each governorate.
It is also designed to make the governorates an attractive destination for local and foreign investments, ensure a better use and distribution of available economic resources and promote investment opportunities in each governorate. The investment map will help in promoting Jordan to the international market, providing investors with exceptional ideas, comprehensive studies and solid facts enabling Jordan to progress and transform into a regional hub for business and tourism.
The number of projects in the investment map stands at 120 at a total cost of JD302 million.
The investment map will have a role in enhancing the principle of decentralization and creating a successful institutional framework for the participation of all segments of society at the public and private sector levels in the development process and create a relevant climate for investment.
Minister of Planning and International Cooperation Imad Fakhoury said at the ceremony that the ministry had allocated JD5 million for municipalities across the Kingdom to support the implementation of outputs of the investment map for governorates, and create the infrastructure needed for investment.
He also outlined technical, consultative, training and financing services provided by the ministry to organizations interested in these projects.
Fakhoury said that the investment map is one of the outputs and recommendations of the governorates development plan that was approved by the Cabinet.
The ministry, he added, prepared investment maps for governorates with the participation of representatives of official and private institutions as well as chambers of industry and trade, and defined competitive and investment sectors as well as productive and investment opportunities that contribute to creating job opportunities.
Fakhoury said that these measures conform with the 2018-2022 economic growth stimulation plan.
State Minister for Investment Affairs Muhannad Shehadeh said that one of the most important outputs of the investment map was preparing 120 feasibility studies for investment projects and opportunities in the Kingdom's governorates with a total cost of JD300 million, adding that these are expected to create 3800 jobs.
10/9/2017 - 05:10:06 PM
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