Amman: Minister of Investment, Mothanna Gharaibeh, affirmed Jordan's capability to attract foreign investment due to its stability, security, and international agreements during a meeting with investors from Al-Hassan Industrial Estate (HIE). The meeting also included various trade and economic stakeholders.
According to Jordan News Agency, the minister emphasized the government's continuous efforts to enhance Jordan's competitiveness in the global market. He highlighted the potential for Jordanian products to reach international markets, supported by the Kingdom's free trade agreements with strategic markets worldwide.
Gharaibeh noted that the expansion of investments at HIE has reached JD130 million and spans the food, pharmaceutical, and textile industries. These expansions involve local, Arab, and foreign investments. During his tour, the minister visited the 35-bed Al Sakhaa project, the first of its kind within an industrial estate, which employs approximately 100 Jordanian administrative and medical staff.
He stated that these expansions have been implemented despite regional and global challenges, reflecting confidence in the Jordanian investment environment and the government's facilitative measures. On future plans, Gharaibeh mentioned the government's initiative to replace foreign workers with Jordanians in these projects, while also leveraging foreign expatriates to transfer expertise.