Amman, Aug 11 (Petra) – Jordan Chamber of Industry President Fathi Jaghbir Monday met with a ministerial delegation from Uzbekistan, led by Minister of Investment, Industry and Trade, Laziz Kudratov, to discuss prospects of expanding economic and investment cooperation.

Jaghbir said economic and trade ties between Jordan and Uzbekistan are promising, and that today’s meeting will open new scopes for cooperation in many sectors. He pointed to the potentials for growth between the two countries, and said the meeting is an opportunity to work together, expand cooperation, and build a mutually beneficial partnership.

Jordan, he said, can meet Uzbekistan’s needs in such sectors as chemicals, pharmaceutical components, and electrical devices. He pointed out that the industrial sector is a key pillar of Jordan’s economy, contributing more than 25 percent of GDP and providing employment opportunities for about 20 percent of the workforce.

The industry sector is pivotal to growth and job creation, he said, adding that more than 60 percent of total investments in Jordan have been directed toward industry in the last ten years, underlining investor confidence in the sector.

Jaghbir said industrial exports account for more than 92 percent of Jordan’s total exports, accessing more than 145 markets across the world with more than 1,400 different products.

For his part, Kodratov pointed to tremendous opportunities for cooperation, calling for cementing the economic partnership between the two countries.

He cited opportunities for investors in the mining and automotive industries, infrastructure, and gas transport, adding “we also invest heavily in green infrastructure in the electricity sector.”

The Uzbek minister spoke about opportunities for Jordanian companies to participate in the development of construction and civil engineering, adding that today’s meeting aims to discuss such opportunities with many potential prospects for for cooperation.

He said the volume of foreign investment in Uzbekistan has surged from $4.4 billion to $35 billion with thousands of new industrial projects being implemented. He said Uzbekistan is one of the largest gold and silver producers in the world with large reserves of copper, iron ore, and other metals.

//Petra//SS
11/08/2025 19:04:53