LONDON: Jordanian Investment Minister Kholoud Saqqaf stressed on Monday the importance of Kuwaiti investments in Jordan, which account for the country’s largest foreign investments in the finance, tourism, communications, energy, real estate, and infrastructure sectors.
Saqqaf met with Kuwaiti Ambassador to Jordan Hamad Rashid Al-Marri on Monday to discuss ways to strengthen bilateral relations in the investment sector, Jordan News Agency reported.
During the meeting, Saqqaf noted the ministry’s focus on attracting Arab and foreign investments. She stated that the investment promotion strategy for 2023-2026 would focus on a variety of target markets, including Kuwait. This strategy aligns with the most important reforms that have positively impacted the business environment, consistent with the Economic Modernization Vision. These reforms include the approval of the Investment Environment Law and its accompanying regulations, as well as the approval of the Public-Private Partnership Law.
Saqqaf also discussed promising investment opportunities in Jordan across a variety of sectors, directing investors to the invest.jo platform for more information. The Ministry of Investment launched this platform to facilitate global and local investor communication and provide insights into Jordan’s business environment.
Al-Marri expressed his country’s pride in its established relations with Jordan and its commitment to developing them in various fields. Saqqaf likewise praised the strong ties between Jordan and Kuwait, which are underpinned by mutual respect.
