Amman: Minister of Investment Tariq Abu-Ghazaleh met with India's Ambassador, Manish Chauhan, to discuss enhancing economic and investment cooperation.
According to Jordan News Agency, Abu-Ghazaleh discussed the steady growth in economic ties between Jordan and India across key sectors such as mining, chemical industries, energy, pharmaceuticals, and information technology. He noted the Ministry's commitment to building on the momentum by broadening the base of Indian investments in Jordan and exploring new opportunities that serve the mutual interests of both nations.
He expressed particular interest in increasing Indian investments in the manufacturing sector, given its role in adding value to natural resources, utilizing local raw materials, and supporting domestic production chains, which contribute to long-term, sustainable economic development. Abu-Ghazaleh reaffirmed Jordan's ongoing efforts to enhance its business environment through updated legislation, streamlined procedures, and attractive incentives for investors. He invited Indian companies seeking to establish high-quality projects in sectors with competitive advantages, particularly in renewable energy and advanced manufacturing.
Chauhan, in turn, praised India's ties with Jordan and reiterated India's interest in elevating economic cooperation with the Kingdom. He highlighted the potential for growth in areas such as trade, energy, infrastructure, and technology. He noted that Indian investments in Jordan currently total approximately JOD1.46 billion, represented by 46 Indian companies operating primarily in the mining, energy, and industrial sectors.
Both sides expressed a shared interest in expanding collaboration through new joint ventures that contribute to the development of both economies. The meeting is part of the Ministry of Investment's broader efforts to strengthen cooperation with other economies and attract high-value investments that support Jordan's economic vision and promote strategic partnerships across the region.