AMMAN — His Majesty King Abdullah, accompanied by HRH Crown Prince Hussein, on Monday attended the launch of the Economic Modernization Vision, which will be a national roadmap across governments, according to a Royal Court statement.
اضافة اعلان
The vision,
which will be implemented in three phases over 10 years, includes 366
initiatives in various sectors, as part of eight national economic growth
drivers that focus on unleashing Jordan’s full potential to achieve
comprehensive sustainable growth and generate job opportunities.
The vision,
aimed at meeting the expected demand for 1 million jobs for Jordanians in the
next decade, identifies drivers for employment and economic growth, which will
require JD41 billion in investments and financing throughout the upcoming
decade, the majority of which is expected to come from the private sector,
including foreign direct investment and public-private partnership projects.
Speaking at
the launch ceremony, held at the King Hussein bin Talal Convention Center at
the Dead Sea, Prime Minister Bisher Al-Khasawneh said the Economic
Modernization Vision is a national project that the government will adopt and
implement.
The prime
minister said the government will also present to Parliament, in its next
session, a draft law that regulates the investment environment, adding that the
outcomes of the committee to modernize the public sector will be ready this
month.
The launch
event featured two videos depicting the participatory national effort upon
which the vision was built over several months, starting from sessions held by
the Jordan Strategy Forum (JSF) and continuing at the National Economic
Workshop held at the Royal Hashemite Court upon Royal directives.
The videos
also covered the vision’s eight economic growth drivers: High-Value Industries,
Future Services, Destination Jordan, Smart Jordan, Sustainable Jordan, Vibrant
Jordan, Green Jordan, and Invest Jordan.
The vision highlights
innovation and entrepreneurship as key to achieving development and bolstering
efficiency and productivity, and stresses the importance of stepping up
cooperation with Jordan’s development partners in a more effective manner to
direct their expertise and resources towards promising fields.
The vision,
in line with comprehensive national modernization efforts across the political,
economic, and administrative tracks, aims to improve Jordan’s standing on
global economic indices and enhance the standard of living for Jordanians.
The vision’s
two main pillars focus on unleashing Jordan’s economic potential to achieve
comprehensive sustainable growth, and improving the quality and standard of
living for all Jordanians, by enhancing various services such as education,
health care, transport, and infrastructure.
The launch
ceremony also included a panel discussion that featured JSF Chairman Abdul Ilah
Khatib, Manaseer Group Chairman Ziad Manaseer, Founding Chairman and Managing
Director of Classic Fashion Apparel Industry Sanal Kumar, and Wa’ed
Al-Hawamdeh, country director at Webhelp Jordan.
The session
covered the importance of public-private partnerships in implementing the
vision and expanding investments in food security, the textile industry, ICT
and new industries, and the impact of these investments on creating job
opportunities and increasing exports.
Senior
officials and officers, members of Parliament, and diplomats attended the
ceremony.
Earlier, Crown Prince
Hussein attended one of the panel discussions that took place ahead of the
launch of the Economic Modernization Vision, and covered its eight growth
drivers.
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