02 November 2009
AMMAN - Several investment projects are expected to be announced at the Jordan International Investment Conference 2009 that will begin November 11, Jordan Investment Board (JIB) CEO Maen Nsour said Sunday.

The conference seeks to highlight investment opportunities in the Kingdom and provide participants with a chance to explore projects and build partnerships, Nsour said at a press conference yesterday.

About 700 investors and representatives from public and private sectors of over 20 countries will take part in the event, which will be held at the Dead Sea, according to Nsour.

During the two-day conference, participants will discuss investment opportunities in several fields including transport, ICT, tourism, energy, agriculture, medical care, pharmaceuticals, infrastructure, among others.

According to a JIB statement, countries that are taking part in the conference include Italy, US, China, Oman, Qatar, Saudi Arabia, Turkey, Canada, Sudan and Brazil.

Nsour said a map highlighting investment opportunities in the southern parts of the Kingdom will be displayed at the conference and an exhibition for investment companies will be held on the sidelines of the conference.

Discussion sessions on the banking sector in Jordan, human resources, real estate, tourism, technology will be held in addition to other sessions on Jordan post-economic crisis.

The JIB chief indicated in the statement that investments which benefited from Investment Promotion Law in Jordan stood at JD1.2 billion from the beginning of this year to date. Of the total, JD993 million worth of investments were in the industrial sector.

Investments that benefited from the Investment Promotion Law in Jordan stood at JD2.3 billion in 2008, compared with JD2.2 billion in 2007. 

By Mohammad Ghazal

© Jordan Times 2009