Local Investors First

Amman
Local Investors First
Amman

Zaidoon Alhadid

Zaidoon Alhadid is a journalist and political commentator based in Amman.

In recent years, the role of local investors has become less significant for us, despite the fact that these individuals and companies play a major role in our economy. They not only contribute to job creation and innovation but also help stabilize the economy during "times of uncertainty." This is an important point, especially as we live in a volatile region filled with rumors. Therefore, the current economic landscape requires us to prioritize the protection and support of local investors to ensure their continued growth and sustainability.اضافة اعلان

Delving deeper into the issue, what distinguishes local investors is their profound understanding of the needs and dynamics of the community, a trait often lacking in foreign investors. This understanding enables them to make informed decisions that benefit both their businesses and the community. Additionally, local investment enhances economic resilience in the face of crises. When challenges arise—be they financial downturns, global disruptions, or even wars—communities with strong local investment networks are better equipped to navigate these challenges. This is what I would call the crux of the matter.

Despite their importance, local investors face numerous challenges, including regulatory barriers, difficulty accessing funding, and intense competition from large foreign companies, which often hinder their growth. Furthermore, they sometimes lack adequate mentoring and support systems, leading to feelings of isolation and exhaustion. Without targeted interventions, we risk losing these key contributors to our economy in the future, and this is something we must pay attention to today.

We must consider several aspects concerning local investors, including improving access to funding. Financial institutions should develop tailored products for local investors, such as small loans, grants, and community investment funds, to provide the necessary capital for their success without undermining the efforts of foreign investors.

On the governmental side, there should be a review and simplification of the regulatory frameworks affecting local investors, which would also facilitate foreign investors' entry into the market, thus creating a fair competitive environment rather than allowing foreign investors to overshadow local ones.

The government should also encourage consumers to prefer local products and services, which can significantly impact the success of local investors, thereby strengthening the local economy on all fronts.

Ultimately, protecting and supporting local investors is not merely an economic policy issue; it is a commitment to the future of our communities. By implementing strategies that address their unique challenges, we can create an environment where both local and foreign investments can thrive. This ensures that the stability of our economy rests in our hands and those of our children, rather than relying on external factors. This will make our economy strong and proud, instilling a sense of belonging to our nation.

Thus, I urge attention to this matter, as protecting local investors has become an urgent necessity to prevent their forced emigration abroad, as they are, after all, the safety valve of our national economy.