AMMAN — The
Ministry of Investment
has announced the responsibilities and role of the newly established Investment
Council, as reported by local media on Monday. The council will operate under
the
Investment Environment Law No. (21) of 2022 and will be responsible for
directing investment policy and development within the Kingdom.
اضافة اعلان
Investment policy and sector
prioritiesThe Investment Council will approve
the investment policy, including prioritized sectors and projects in line with
the state's general policy, economic vision, and social and
economic executive plans and programs.
This will help guide investment
decisions and align them with the Kingdom’s development goals.
The council will also discuss
reports related to the implementation of investment plans, strategies, and
programs, and provide guidance. This includes directing necessary actions to
develop the
investment environment within the Kingdom and resolving disputes
that may arise between official bodies regarding the investment environment.
Improving investment environmentIn addition to reviewing investment
reports and guiding investment decisions, the council may recommend necessary
legislative and regulatory amendments to improve the investment environment.
This will help create a more
favorable environment for investors, both domestic and foreign, and drive
economic growth within the Kingdom.
The Investment Council was
established by a decision of the Cabinet on Sunday, and will be chaired by
Prime Minister Bisher Al-Khasawneh.
Members include the Minister of
Investment as deputy chairman, the Minister of Planning and International
Cooperation, the Minister of Finance, the Minister of Industry, Trade and
Supply, the Minister of Digital Economy and Entrepreneurship, the governor of
the Central Bank, the chairman of the Jordan Chamber of Commerce, the chairman
of the Jordan Chamber of Industry, and four private sector representatives.
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