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Why Jordan

  Key Sectors
  Success Stories
  Aqaba Special Economic Zone
  Qualified Industrial Zones
  Amman Stock Exchange
  Investment Opportunities
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  Cost of Doing Business
 
 

 
 

  Investment

Why Jordan…?

1. Strategic Location
  • Situated at the convergence of Europe, Asia and Africa

  • Proximity with the Middle East and Gulf region

  • Advanced multi-modal logistics and transport hub

2. 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

3. 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

4. Incentives and Exemptions
  • 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

  • Ease of licensing and registration procedures

  • Free repatriation of capital, profits and salaries

5. Access to Major Markets

  • Duty free access to the U.S. market under the Free Trade Agreement, Generalized System of Preferences, or the Qualified Industrial Zones

  • Duty free access to the EU market under the Jordan-Euro Association Agreement

  • Duty free access to more than 10 Arab countries through the AGADIR agreement and the Arab Free Trade Agreement

  • Bilateral agreements and favorable protocols with over 20 countries

  • Member of the Multilateral Investment Guarantee Agency (MIGA)

  • Member of the World Trade Organization (WTO)

6. Qualified Human Resources
  • Abundant and competitive workforce

  • Young and highly educated population

  • Literacy rate at 90%

  • Highly competitive wage rates

7. World Class Infrastructure
  • A telecom infrastructure that offers a wide range of services such as: PSTN; call free, digital leased lines, ISDN and ADSL services. 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

  • Two satellite stations and three mobile operators providing GSM and GPRS services on the international level

8. 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
     

 
 
Copyright © 2005. Economic & Commerce Bureau - Embassy of Jordan, Washington D.C.
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