The Jordan Chamber of Commerce is set to host the inaugural Gulf-Jordanian Investment Conference on Dec. 4, according to a report by the Jordan News Agency. This event is part of Jordan’s Economic Modernization Vision and aims to enhance economic cooperation between Jordan and the GCC (Gulf Cooperation Council). The conference will also coincide with the 65th meeting of the Federation of Chambers of the GCC’s Board of Directors, marking the first time such a gathering is held outside the GCC states.
President of the JCC, Khalil Haj Tawfiq, expressed the collaborative nature of the conference and emphasized the goal of establishing an integrated economic framework to strengthen trade and investment cooperation. This is crucial in navigating global economic challenges and attracting more investments.
The conference is expected to host key figures such as the Secretary-General of the GCC, leaders of Gulf chambers, board members, prominent Gulf investors, and representatives from economic and financial institutions in both Jordan and the Gulf region. The agenda will include detailed discussions on investment opportunities, success stories of Gulf investments in Jordan, and sector-specific dialogues with Jordanian ministers.
Priority sectors for investment include energy, mining, transportation, logistics, tourism, food security, agriculture, information technology, and pharmaceutical manufacturing. Tawfiq emphasized the importance of the event, especially given the economic challenges facing the region. He commended King Abdullah II for his efforts in promoting stability and creating an environment conducive to investors, stating that the conference is crucial for Gulf-Jordanian economic integration in the face of ongoing global economic crises.
In addition to boosting economic cooperation, the conference is also an opportunity to showcase Jordan as an attractive investment destination. The country’s strategic location, skilled workforce, and supportive government policies make it an ideal choice for Gulf investors looking to expand their presence in the region.
Overall, the Gulf-Jordanian Investment Conference is a significant step towards strengthening economic ties between Jordan and the GCC countries. By fostering greater cooperation and collaboration, both parties stand to benefit from increased trade, investment, and shared prosperity in the years to come.