On Sunday, the Economic Forum for Financial, Industrial, and Commercial Partnerships between Jordan, Iraq, and the region was opened by Jordanian Minister of Investment Kholoud Al-Saqqaf. The forum, organized by the Iraqi Business Council in partnership with the Jordanian and Amman Chambers of Industry, will take place over two days at the King Hussein Convention Center in the Dead Sea region. It is considered the largest regional Jordanian-Iraqi economic gathering for business.
Al-Saqqaf emphasized on the new investment environment law in Jordan that promotes equality between foreign and local investors, guarantees legislative stability and expands economic activity. She highlighted that this law offers incentives such as customs exemptions, tax discounts, incentives for export markets, high-value added activities, knowledge transfer and employment of Jordanian workers. Additionally, this law allows for the establishment of investment funds to attract capital from investment institutions.
The forum sessions will cover key investment opportunities in Jordan and Iraq such as commercial prospects in both countries and participatory investment opportunities in the region. Also discussed are the role of banking sector in providing facilities to various sectors including financial financing from international institutions for projects. Furthermore, success stories of Jordanian-Iraqi investment partnerships will also be highlighted.
