6/ JCC Urges Expats to Support Economic Modernization Vision
Amman, April 16 (Petra) -- President of the Jordan Chamber of Commerce (JCC), Khalil Al-Haj Tawfiq, has called for a dedicated framework to engage Jordanian investors living abroad, aiming to harness their expertise and resources to help realize the Kingdom’s ambitious Economic Modernization Vision. In a meeting with Jordanian business leaders and executives based in Saudi Arabia, Al-Haj Tawfiq highlighted the importance of involving the diaspora in shaping Jordan’s economic future. He noted that the modernization roadmap, which outlines national priorities across sectors, offers a long-term vision that goes beyond individual governments, signaling a new era of economic development. The gathering took place at the residence of Jordan’s Ambassador to Saudi Arabia, Haitham Abu Al-Foul, and comes at a time when Jordan is undergoing broad reforms across political, economic, and administrative domains, led by His Majesty King Abdullah II. Al-Haj Tawfiq emphasized the role of every stakeholder, including Jordanians abroad, in contributing to this transformative journey. He pointed to strategic opportunities in key sectors where Jordan holds a competitive edge, especially in large-scale infrastructure and public-private partnership projects. Recent reforms, including a new investment law offering incentives and guarantees, have improved the investment climate and laid the groundwork for attracting both domestic and foreign capital. Al-Haj Tawfiq underscored the untapped potential of Jordanians abroad, who possess not just capital, but significant management and technical know-how. He called for more structured efforts to involve them in entrepreneurial ventures and innovation-driven investments within Jordan, facilitating knowledge transfer and fostering a culture of collaboration. He also spoke about the Chamber’s efforts to build stronger ties with Jordanian investors across the globe, viewing them as vital economic ambassadors. A key goal, he said, is to provide platforms where these professionals can share their ideas, voice concerns, and help shape economic policy. Throughout the meeting, Jordanian investors shared their success stories in sectors like technology, energy, and logistics, while also highlighting the challenges they face when considering expanding or relocating operations to Jordan. They offered suggestions aimed at attracting more investment and supporting higher economic growth. Ambassador Abu Al-Foul reiterated the embassy’s strong commitment to supporting Jordanian professionals in Saudi Arabia, particularly investors and entrepreneurs. He said the embassy actively works to address any obstacles they face by coordinating closely with relevant authorities in both countries. He emphasized that the embassy sees itself as a key partner in amplifying Jordan’s presence on the regional economic stage. Strengthening communication with the diaspora, providing guidance, and supporting their investment initiatives are top priorities. Abu Al-Foul noted that Jordanian expatriates have much to offer, and that now is the right moment to direct their expertise and investment toward the Kingdom, especially given the momentum generated by recent economic reforms. He reaffirmed the embassy’s full support for initiatives that reconnect investors with their homeland and help channel capital and knowledge back into the local economy, ultimately contributing to sustainable national growth. //Petra// WH
16/04/2025 10:26:41
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