Industry chambers ready to facilitate investments of Jordanian expatriates-JCI

Amman: Chairman of Jordan Chamber of Industry (JCI), Fathi Jaghbir, said the Kingdom's industry chambers harness their capabilities and expertise at the disposal of Jordanian expatriates and other businesspeople wishing to invest in Jordan's industrial sector. Jaghbir, who also heads Amman Chamber of Industry, expressed readiness to assist investors, including the stage of procedures for registering and obtaining the necessary licenses to start investments. During his meeting with the Chairman of the Jordanian Business Council in Dubai, Dr. Ahmad Hindawi, Jaghbir said Jordan has a "stimulating" investment environment, and has industrial opportunities with added economic value, while the Jordanian industrial sector has "distinguished" capabilities and components, and "promising" opportunities. For his part, Hindawi stressed that Jordanian businesspeople in the United Arab Emirates (UAE) are ready to contribute to achieve economic and administrative development in Jordan, whether by providing practical exper ience or establishing investments that contribute to employ the national workforce. Hindawi added that "the process of encouraging and attracting investments require an administrative development process and automation of laws related to the process of establishing investments, which serves the national interest." Hindawi also called on strengthening legislation that preserves the rights of investors and addresses challenges and obstacles to investment. The two sides went over ways to enhance cooperation between Jordan's industry chambers and the business council, which would contribute to enhance Jordan-UAE trade exchange, as well as discussing mechanisms for economic integration and partnership Jordan-UAE business people, according to a JCI statement. Source: Jordan News Agency