Jordan is situated at the heart of a region that interconnects three continents. Its location and excellent transportation network make it an ideal base of operations for companies seeking to export to countries and regions which Jordan has bilateral and multilateral trade agreements with, thereby expanding their market to over 1 billion consumers in Europe, North America, and the Middle East. Additionally, the Kingdom’s stable political and economic environments enhance its suitability as a base from which to supply such large markets. Jordan is home to a competitive and vibrant economy that has achieved consistently high growth. The Government has set for itself the objective of achieving annual growth of 6 – 7% in the coming decade.

The Investment Promotion Law in Jordan offers a number of benefits and incentives to investors in the key sectors of the economy, including: industry, agriculture, hospitals, hotels, leisure and recreational compounds, maritime transport, railways, pipeline transportation and distribution services for water, gas and petroleum derivatives as well as their exploitation, conventions as well as exhibition centres and call centres. Jordan’s economy offers special opportunities in fast rising sectors that include pharmaceuticals, minerals, ICT, Dead Sea products, textiles and apparel, tourism, real estate, and automotive industries.

The Jordan Investment Board (JIB) is a governmental body that was established by means of the Investment Promotion Law of 1995 and the Investment Law of 2003. JIB is a world-class agency entrusted with promoting Jordan as a unique destination for foreign direct investment and sustaining domestic investment to achieve economic prosperity in the Kingdom. JIB is at the disposal of all investors seeking assistance in their business and investment needs.

Jordan embarked on an ambitious program of economic reform and incentives in the late 1980s, a period of economic challenge in the Middle East. Supported by careful planning, the government began instituting a number of measurers to stabilise the economy, such as pegging the Jordanian Dinar to the US dollar, embarking on a set of legal and regulatory reforms, and introducing a new prudent monetary policy.

The actions paid off: by the beginning of the 21st century. Jordan’s economy is flourishing. We have created special economic and qualified industrial zones that make our exports highly competitive, and diversified and expanded our markets. Investor confidence in our economy, our political stability, our good international relations, and our cost-competitiveness has produced a groundswell of investment from around the world.

We will continue our prudent monetary policy; introduce new economic, financial and legal reforms; further liberalise our economy, and streamline business practices across every sector to attract new ideas and capital.