AMMAN: Jordan’s Ministry of Investment held a meeting on Thursday with the Cypriot Investment Promotion Agency, Jordan News Agency reported.
The meeting followed up on the outcomes of an agreement to promote investment cooperation reached last August during Cypriot President Nikos Christodoulides’ visit to Jordan.
Investment Minister Kholoud Saqqaf highlighted the many investment opportunities available in Jordan, particularly in information technology, healthcare, tourism, medical tourism, agriculture, food industries, and public-private partnership projects.
Saqqaf emphasized the strong ties between Jordan and Cyprus, as well as the ministry’s commitment to assisting Cypriot businesses and exchanging experiences with the agency.
He discussed the ministry’s key initiatives for empowering the investment sector, including the establishment of the Invest in Jordan platform, the passage of legislation governing the investment environment, and the adoption of the investment promotion strategy for 2023-2026.
Furthermore, the ministry has launched a comprehensive investment service platform and automated 95 services linked to licensing and other economic activities.
Marios Tannousis, CEO of the Cyprus Investment Promotion Agency, said that the agency is seeking to attract foreign direct investment while also assisting existing investors in expanding their operations in Cyprus. He also commended the Cypriot government for its efforts to improve the attractiveness of the investment environment.
