The First Webinar on Business and Investment in Jordan

By October 13, 2020October 15th, 2020No Comments

October 13th, 2020

The first webinar on “Business and Investment” in Jordan was held on October 13.  The webinar was co-organized between the Embassy of the Hashemite Kingdom of Jordan in Japan and UNIDO-ITPO Tokyo as well as the Japan External Trade Organization (JETRO). The Webinar highlighted developments in Jordan’s economy, especially with focus on the overall investment and business opportunities in digital transformation of traditional industries as well as in digitalization.

On his first day as Cabinet Minister after being sworn in on Monday October 12, Mr. Ahmad Hanandeh, Minister of Digital Economy and Entrepreneurship (MODEE) gave a brief introduction, which was followed by Dr. Khalid Wazani, Chairman of the Jordan Investment Commission (JIC).  Both emphasized during their presentations on the Jordan-Japan economic cooperation, the thriving investment climate that Jordan has, as well as the ongoing steps to digitize and grow the economy of Jordan.

The Ambassador of Jordan, Lina Annab, the head of UNIDO ITPO Tokyo, Dr. Yuko Yasunaga, and JETRO’ Executive Vice President, Ichiro Sone,  all pointed out the importance of such webinars in raising awareness about the investment and business environment in Jordan to the Japanese businesses interested in investing in the region.

The webinar, which was attended by over than 300 companies and attendees from various sectors mainly in Japan, offered the participants the opportunity to engage and have their questions answered by the main speakers from Jordan in addition to Japanese prominent firms who are currently working in Jordan. These firms, such as Mitsui & Co. and GRA shared their positive experience about the merits of investing in the Jordanian market.

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About MODEE:

The Ministry of Digital Economy and Entrepreneurship, formerly known as the Ministry of Information and Communications Technology, is in charge of creating policies to enable the transformation of the Jordanian economy towards a digital economy and support the enabling pillars for this transformation, which includes Digital Entrepreneurship, Digital Skills, Digital Financial Services, Digital Infrastructure and Digital Platforms, and to set plans in cooperation with other government institutions to overcome the challenges faced by entrepreneurs including, access to markets, access to funding, regulatory challenges and access to talents.

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About JIC:

Jordan Investment Commission is the single governmental reference point for investments in Jordan. It aims at promoting investments and contributing to economic growth of Jordan. Its mission is to stimulate and activate investments in the Kingdom by keeping pace with and developing infrastructures, and promoting investment opportunities and exports to increase the effectiveness of domestic and foreign investments and ensure financial sustainability

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About JETRO:

The Japan External Trade Organization is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO’s core focus in the 21st century has shifted toward promoting foreign direct investment into Japan and helping small to medium size Japanese firms maximize their global export potential.

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About UNIDO-ITPO Tokyo:

UNIDO’s Investment and Technology Promotion Office, Tokyo (UNIDO ITPO Tokyo) was established in March 1981 in accordance with an agreement concluded between UNIDO and the Government of Japan, and is one of 9 offices worldwide belonging to UNIDO’s ITPO Network.

The mission of UNIDO ITPO Tokyo is to help developing and emerging countries and economies in transition in their efforts to achieve inclusive and sustainable economic development by promoting foreign direct investment (FDI) and technology transfer from Japan through various activities including delegate program (invitation of government officials to Japan), technology transfer (identifying and promoting Japanese energy and environment technologies), seminars and events (country promotion, sector promotion, environment exhibitions), capacity building (special programs for embassies in Japan), and activities overseas (business missions and networking).

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