AMMAN — The
Jordanian Businessmen Association (JBA) has organized a series of morning
business meetings on the development of Jordanian-Saudi relations through which
it hosted Saudi Ambassador Nayef bin Bandar Al-Sudairy, Al-Ghad News reported.
اضافة اعلان
Sudairy said that the meeting is a prelude to
activating joint investments through the NEOM project, in which “we aim to
invest in both Jordan and Egypt, and benefit from our geographical proximity,
especially with a distinct infrastructure in the Aqaba region”.
JBA’s Chairman Hamdi Tabbaa emphasized that
Jordan’s economic relations with Saudi Arabia are based on a strong
institutional framework of economic cooperation agreements, the Joint
Jordanian-Saudi Commission and the Coordination and Business Councils, all of which
are important tools for developing areas and opportunities for cooperation
between the two countries on all levels.
As part of the association’s efforts to
strengthen Jordanian-Saudi relations, a joint investment conference will be
convened in early 2023. It aims to familiarize both countries with the most
important investment projects, especially in the
Aqaba Special Economic Zone Authority (ASEZA) and the NEOM project, Tabbaa said.
He elaborated on the important role played by
the private sectors in the two countries and their persistent efforts in
creating commercial and investment partnerships, which positively reflects on
the development of the bilateral relations, especially in the past three years.
In the field of investment in the Amman
Financial Market, Saudi Arabia is the most invested Arab country with an
investment volume of $1.46 billion in 2021.
The establishment of the
Saudi-Jordanian Investment Fund in 2017 marked a qualitative shift in the promotion and
development of joint investments, especially in sustainable strategic projects,
he added.
Sudairy emphasized the importance of the
meeting, which is a complement to previous meetings with the Jordanian
businessmen’s association, to discuss outstanding bilateral relations,
especially in economic aspects.
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