Cyprus, Jordan explore investment opportunities

09:38 - 05 September 2023

Current Affairs

Invest Cyprus met with Jordan’s Ministry of Investment last week, to follow up on the outcomes of an agreement to promote investment cooperation reached last August during President Nikos Christodoulides’ visit to the country.

According to the Jordan News Agency reported, Investment Minister Kholoud Saqqaf highlighted the many investment opportunities available in Jordan, particularly in information technology, healthcare, tourism, medical tourism, agriculture, food industries, and public-private partnership projects.

Saqqaf emphasised the strong ties between Jordan and Cyprus, as well as the ministry’s commitment to assisting Cypriot businesses and exchanging experiences with the agency.

He discussed the ministry’s key initiatives for empowering the investment sector, including the establishment of the Invest in Jordan platform, the passage of legislation governing the investment environment, and the adoption of the investment promotion strategy for 2023-2026.

Furthermore, the ministry has launched a comprehensive investment service platform and automated 95 services linked to licensing and other economic activities.

Invest Cyprus CEO Marios Tannousis said that the agency is seeking to attract foreign direct investment while also assisting existing investors in expanding their operations in Cyprus. He also commended the Cypriot government for its efforts to improve the attractiveness of the investment environment.

Cyprus, Jordan explore investment opportunities

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