Khaberni - The report also showed that the government granted 4021 investor cards, distributed between (issued and renewed), in addition to 623 companies benefiting from the incentives, the establishment of 61 new factories and the expansion of 68 factories.
According to the report, the government attracted investments worth 1.114 billion dinars, providing a thousand job opportunities, in addition to increasing the direct foreign investment flow into the Kingdom by 36.4%, and increase in the Jordanian investor confidence index by 6.2%.
The report also mentioned that during the first year of the government’s formation, the Ministry of Investment participated in "Khaberni Davos Conference London/Dubai" and bilateral business forums such as "Saudi – Jordanian – Turkish" and the Global Alliance for Transportation Summit in Egypt, in addition to a memorandum of understanding with Kazatomprom (Kazakhstan) in the field of uranium.
In terms of legislation and decisions, the report showcased that the Ministry of Investment issued new instructions for the investor card and his family members and new foundations for nationality and residency through investment, exempting information technology exports for 10 years, expanding the list of items under zero tax, and reducing the prices of industrial lands in Karak and Tafilah, offering incentives, including reducing customs duties and taxes on vehicles and real estate, expanding the development area of Al-Dulail and incentives for green hydrogen projects, and amending the system for exempting export profits.
According to the report, the programs and initiatives also included, for the first time, a hospital in partnership with the private sector "Madaba New Hospital", and the launch of the engineering procedures for investment services and comprehensive investment service automation project, in addition to reviewing the first package of sectoral licenses, for the investor's journey and supporting entrepreneurship and the small and medium enterprises.
The report also noted that the Ministry of Investment provided multiple incentives to reduce operational costs, primarily supported industrial lands, tax and customs exemptions on production inputs, three-year electricity exemption, and reduced transportation and export costs through Aqaba.
