Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
Amman, Aug. 10 (Petra) — The Ministry of Investment processed 3,801
incentive and facilitation transactions and issued 1,879 investor
cards during the first half of 2026 as Jordan advanced reforms under
the Investment Engine of the Economic Modernization Vision’s second
Executive Program for 2026-2029.
According to the Executive Program, 379 companies also benefited from
investment exemptions during the first six months of the year, as the
government pursued measures to improve the investment environment,
streamline procedures and attract domestic and foreign investment.
The first half of 2026 saw the issuance of amended regulations
governing the investment environment, aimed at enhancing
competitiveness, simplifying regulatory procedures, improving
investor services, stimulating investment and creating jobs.
Investor aftercare services, including the handling of complaints and
grievances, were also activated through an integrated management
framework based on standardized procedures and enhanced governance.
The Ministry of Investment also developed an investment map featuring
100 opportunities across various sectors and completed a
comprehensive upgrade of the Invest in Jordan platform, establishing
it as a unified national platform for promoting investment and
providing investors with information and investment opportunities.
The ministry completed a draft of instructions for issuing licenses
subject to compliance requirements, in preparation for approval and
publication in the Official Gazette. It also awarded a tender to
prepare a technical and legal study for an investment funds project
in line with internationally recognized best practices.
As part of efforts to strengthen public-private partnerships, the
ministry issued a prequalification invitation for the development of
Jaber Border Crossing under a design, build, finance, operate and
maintain model. The project aims to rehabilitate and upgrade the
crossing and improve its operational efficiency.
Investment packages were also developed for several bankable
investment and public-private partnership projects, including the
Amman Bridge toll-road project, a water-loss reduction project and a
pharmaceutical traceability project.
For the southern Amman water-loss reduction project, the evaluation
of companies’ prequalification applications was completed. Work also
began on a feasibility study for a pumped-storage hydropower project
in Wadi Mujib, which would establish a 450-megawatt closed-loop
facility to enhance the flexibility and sustainability of the
electricity system.
To improve Jordan’s competitiveness under the Business Ready Index, a
national action plan was adopted to enhance the Kingdom’s performance
on the index. A tender was also awarded and implementation began on
an economic and investment feasibility study for establishing a green
industrial development zone as part of efforts to promote sustainable
industries.
An agreement was also signed for the first phase of the free school
transportation project in the Southern Badia.
At the Arab level, Jordan’s Ministry of Investment signed a
memorandum of understanding with Saudi Arabia’s Economic Cities and
Special Zones Authority to cooperate in developing economic zones and
the investment map’s 100 opportunities, with a focus on
infrastructure, logistics, transportation and technology.
The measures form part of the Investment Engine’s broader efforts to
create a competitive investment environment, improve investor
services, develop investment opportunities and strengthen Jordan’s
position as an attractive regional and international investment
destination.
//Petra//AO