Khaberni - Minister of Investment Tariq Abu Ghazaleh discussed on Sunday with the Ambassador of the Republic of India to Jordan, Manish Chauhan, ways to enhance economic and investment cooperation between the two countries, within the framework of the historical relations that connect Jordan and India, and in accordance with the directives of His Majesty King Abdullah II aimed at solidifying international partnerships and diversifying investment sources.
Minister Abu Ghazaleh affirmed that the economic relations between Jordan and India are continuously growing in various sectors including mining, chemical industries, energy, pharmaceuticals, and information technology, noting that the Ministry of Investment is seeking to build on this momentum by expanding the base of Indian investments in the Kingdom and exploring new opportunities that serve the mutual interests of both parties.
The Minister also emphasized during the meeting his keenness to increase Indian investments, especially in the manufacturing industries, due to their importance in enhancing the added value of natural resources and their connection with raw materials and supporting local production chains, which contributes to achieving sustainable economic development.
Abu Ghazaleh explained that Jordan continues to work on enhancing the business environment through updating legislation and providing facilities and incentives for investors, assuring that the Kingdom welcomes Indian investors willing to establish quality projects in promising sectors that enjoy competitive advantages, especially in the fields of renewable energy and manufacturing industries.
For his part, Ambassador Chauhan expressed his country's appreciation for the close relations that bind it to Jordan, confirming India's desire to elevate economic and investment cooperation to higher levels, particularly in light of the significant potential in the fields of trade, energy, infrastructure, and technology.
He pointed out that the total Indian investments in Jordan amount to about 1.46 billion Jordanian dinars spread across 46 Indian companies, concentrated in the sectors of mining, energy, and industry, with both sides looking forward to expanding cooperation in new projects beneficial to both economies.
This meeting is part of the efforts by the Ministry of Investment to enhance cooperation with friendly countries and attract quality investments that contribute to achieving the goals of the economic vision and expanding strategic partnerships in the region.
