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10 Reasons to Invest in Jordan

Unique and Strategic Location

  • Situated at the convergence of Europe, Asia and Africa
  • Transportation hub of the Middle East
  • Access to the Red Sea through the Port of Aqaba, and other ports via neighbouring countries

Stable Political Environment

  • Dedicated and stable leadership in the Hashemite monarchy, supported by a democratically elected Parliament
  • Guaranteed freedom of belief, speech, press, association and private property
  • Firm commitment to private enterprise system

Free Market Oriented Economy

  • Economic policies based on outward-oriented, private sector led approach
  • Ongoing privatization of major state-owned enterprises
  • Significant advances in structural and legal reform

A Package of Incentives and Exemptions to Encourage Investment

  • Projects are exempted from income & social services taxes by 25%, 50%,
    or 75% for a ten year period, depending on the location and sector of the project
  • Imported fixed assets are 100% exempted from customs duties and taxes
  • Imported spare parts for fixed assets are exempted from fees and taxes, up to 15% of the total cost of the fixed asset
  • Additional exemption from customs duties and income tax is granted for the expansion, modernization, or development of existing projects
    Hotels and hospitals may purchase furniture and supplies without custom duties once every seven years for renewal purposes

Access to Major International Markets

  • Access to the US market, the free trade agreement that was ratified in 2001
  • Duty & quota free access to the US market through the Qualifying
    Industrial Zones (QIZ)
  • Duty free access to EU markets
  • Access to more than 10 Arab countries through the Arab Free Trade Agreement
  • Bilateral agreements and favorable protocols with over 20 countries
    Member of the Multilateral Investment Guarantee Agency (MIGA)

Free Zones and Industrial Estates

  • The Free Zones Corporation manages four fully operational industrial parks located in Amman, Aqaba and Zarqa
  • Nine private free zones in Jordan employ over 4,000 people in industries such as chemicals, fertilizers, and meat packing
  • The Industrial Estate Corporation manages four fully operational industrial parks in Amman, Irbid, Al Karak, and Aqaba
  • Private industrial parks, Al Tajamouat, Ad-Dulayl, Gateway, Al-Mushatta, Al-Qastal, and Cybercity which also enjoy QIZ designation

Qualified and Competitive Human Resources

  • Abundant and competitive workforce
  • Young and highly educated population
  • 89% of the population are literate
  • 17% of Jordanians receive higher education
  • Highly competitive wage rates

World Class Infrastructure and Communications

  • State telephone company operates on a commercial basis, with 40% of the company privatized
  • Choice of privately–owned Internet service providers
  • Direct Royal Jordanian flights to 47 major cities in Europe, the Middle East, the Far East, North Africa and North America. Served by 26 international airlines
  • Modern highway network
  • Major trucking lines ensuring the movement of raw materials to and from the port of Aqaba as well as into and from ports of neighboring countries
  • Jordan’s port of Aqaba acts as a strategically located gateway to Jordan, the developing Red Sea region, and the Middle East as a whole
  • A telecom infrastructure that offers a wide range of services such as: PSTN; call free, digital leased lines, ISDN and ADSL services.
  • Two satellite stations and two mobile operators providing GSM and GPRS services on the international level

Attractive Investment Climate

  • Income and social services tax incentives for up to 10 years
  • Total customs exemptions on imported fixed assets
  • Ease of licensing and registration procedures
  • Revenues on exports are exempted from income taxes until the end of 2002
  • Export industries are not subject to customs duties on imported raw materials
  • Free repatriation of capital, profits and salaries

High Quality of Life

  • Amenities of modern life are readily available and affordable
  • High quality public and private education provided in Arabic,
    English, and French
  • Health services in Jordan are of international standards at reasonable rates
  • Developed networking community, active local and international business associations and cultural centers
  • Traditional festivals, cultural entertainment events, and a wealth of archeological sites
  • Excellent clubs and restaurants