Amman, Sept. 1 (Petra) – Business representatives welcomed His
Majesty King Abdullah II’s active tracking of the Economic
Modernization Vision (EMV), calling his direction “essential” for
driving the multi-year national economic plan forward.

Business leaders told Jordan News Agency (Petra) the royal directives
will boost national competitiveness, expedite priority projects and
address investor challenges to drive growth and job creation.

Ahmad Khodari, Chair of the Jordanian Exporters Association, said
that export-led investments are “crucial” for generating foreign
currency inflows and expanding global market access for national
products.

Ayman Alawneh, Chair of the Jordanian Businessmen Association, noted
that realizing the EMV’s targets requires streamlining bureaucracy,
boosting public-private coordination, and implementing clear
performance metrics for employment and service delivery.

Economic expert Musa Saket echoed these priorities, urging a shift
from managing projects to measuring direct socioeconomic impact. He
advocated for reducing land costs, simplifying licensing procedures
and establishing an independent council to oversee technical
implementation and remove obstacles for start-ups.

Fawaz Qattan, a member of the board of directors of the Rakhaa
Businessmen Association, urged officials to build on recent global
momentum, including new deals signed in China and the upcoming
Jordan-Europe investment summit, to drive trade and growth.

Omar Gharaibeh, a finance professor at Al al-Bayt University, said
Jordan must capitalize on its economic stability to attract Gulf
sovereign wealth funds.

Securing that capital, he added, hinges on offering fully bankable
projects with clear feasibility studies in sectors like energy,
water, logistics and tourism.

//Petra// HA