Ministry plans to announce amended investment law in Q2 of 2022
shahennews
The Ministry of Investment is working to amend the investment law, determine the investment reality and pinpoint top priorities, in consultation with the private sector, with plans to make an announcement in the second quarter of 2022.
On the sidelines of the 2nd session of the National Economic Workshop, Minister Khairy Amr told the Jordan News Agency (Petra) that the amended law will follow best practices and international standards in cutting red-tape, noting that investment is vital for the economy because it generates job opportunities, raises efficiency, increases production and stimulates economic growth.
The minister pointed out a smart and interactive investment project that provides details for investors, as well as a promotional activities plan, stressing commitment to following up on challenges facing the investment process, and to making investors voices heard to come up with solutions that prop up the investment process.
The ministry is looking to boost partnership and cooperation with the private sector, Amr indicated, highlighting the sector’s key role in Jordan’s economic development.
