31 January 2024

Jordanian Minister of Investment: Qatari Investments in Jordan Reach $4.5 Billion

Local
  • qatar
  • JORDAN

Doha, January 31 (QNA) - Qatari investments in Jordan have reached $4.5 billion across various sectors including banking, real estate, tourism, energy, and industry, HE Jordanian Minister of Investment Kholoud Saqqaf said.

HE Minister Saqqaf was speaking in a seminar titled 'Business Environment and Investment Opportunities in Jordan,' which was organized by the Ministry of Investment of the Hashemite Kingdom of Jordan in the Conferences Centre within the Expo Doha 2023 venue.

Qatar Chamber took part in the seminar which was attended by HE Jordanian Minister of Industry and Trade Yousef Al Shamali, and First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Twar Al Kuwari.

In her remarks, HE the Jordanian Minister of Investment praised the strong fraternal relations between Qatar and Jordan at both the economic and political levels.

She noted that Jordan appreciates and values the Qatari investments in Jordan, looking forward to establishing fruitful partnerships in light of the distinguished relations between the two brotherly countries.

HE Minister Saqqaf reviewed the investment climate and opportunities in her country, highlighting the incentives available in Jordan that have positioned the country as an attractive investment hub. She noted that the Ministry recently launched the 'Invest in Jordan' platform, which provides all the necessary information for potential investors.

She reviewed investment opportunities with high added value, estimated at $1.4 billion across 17 promising economic sectors.

The Jordanian Minister called on Qatari businessmen and investors to explore the business and investment environment, as well as the investment opportunities available in Jordan, stressing the keenness on providing all necessary facilitations and expediting procedures.

In a statement on the sidelines of the seminar, First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Twar Al Kuwari lauded the robust relations between Qatar and Jordan, indicating that the Qatari private sector looks forward to enhancing cooperation and partnership with its Jordanian counterpart across various economic sectors.

He noted that there are many Jordanian companies operating in various sectors in Qatar, either under full ownership or through partnerships and alliances with Qatari partners.

He added said that Jordan is an attractive investment destination, noting that Qatari businessmen have made numerous investments in Jordan and there is a strong willingness to expand these investments. (QNA)



Keywords

Economy, Qatar
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