Minister of Investment Mothanna Gharaibeh emphasized the strong ties and robust cooperation between Jordan and France, highlighting French investments as among the largest in Jordan, spanning several vital sectors.
Gharaibeh’s remarks came during a meeting organized by the French Chamber of Commerce and Industry in Jordan (CAFRAJ), attended by French Ambassador to Jordan Alexis Le Cour Grandmaison, Secretary General of the Ministry of Investment Zaher Qatarneh, CAFRAJ President Walid Zurub, and a group of Jordanian and French investors.
He noted that Jordan’s economy offers key advantages for investors, including political stability, qualified human resources, strategic location, and numerous incentives such as tax exemptions and free trade agreements. These agreements enable Jordanian exports to access global markets with a combined economic value of $50 trillion and a consumer base exceeding 1.4 billion, fostering significant investment flows, he added.
Gharaibeh stated that Jordan aims to solidify its role as a regional investment hub, inviting companies worldwide to explore opportunities in sectors like technology, energy, and infrastructure. He stressed the government’s efforts to streamline business procedures, enhance public-private partnerships, and ease market access to make Jordan an attractive destination for global investments.
During the meeting, the minister outlined public-private partnership projects and other investment opportunities, urging local and international companies to either establish new ventures or collaborate with existing ones to expand their reach and production capabilities. He assured attendees of the government’s full support, simplified regulations, and an investor-friendly legal environment designed to enhance competitiveness.
Established in 1998, CAFRAJ includes over 300 Jordanian and French companies operating in the Kingdom. It promotes economic cooperation between the two countries and encourages French enterprises, particularly small- and medium-sized ones, to invest in Jordan.
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