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Holistic Approach for Syrian
Refugees Crisis (Jordan Compact)
and the Main Challenges facing the
Kingdom
Thabet ElWir
Chie...
Main Pillars for the Holistic Approach – Jordan
Compact
The Holistic Approach – Jordan Compact is anchored on three
interl...
Post London Conference 2016
Pledges made by the International Community in London:
1. Financial Support & concessionary fu...
Action Plan Components- Jordan Compact
4
Improved
Market
Access to
the EU
Support to the
Education
Sector/Jordan
Response ...
Investment Dimension – Jordan Compact Action
Plan
First Component: Improved Market Access to the EU :
5
Task
Hold a video ...
Investment Dimension – Jordan Compact Action
Plan
Second Component: Labor Market Reforms:
6
Task
Provide specific training...
Investment Dimension – Jordan Compact Action
Plan
Third Component: Doing Business Reforms,Investment Reforms
and Developme...
Investment Dimension – Jordan Compact Action
Plan
Third Component: Doing Business Reforms,Investment Reforms
and Developme...
Investment Dimension – Jordan Compact Action
Plan
Third Component: Doing Business Reforms,Investment Reforms
and Developme...
Investment Dimension – Jordan Compact Action
Plan
Targeted Sectors and the Designated Development Zones:
• The Following L...
11
Investment Dimension – Jordan Compact Action
Plan
• Needs of the designated Development Zones have been identified
to e...
12
Investment Dimension – Jordan Compact Action
Plan
• New Zones will be added in addition to the designated Development
Z...
13
Investment Dimension – Jordan Compact Action
Plan
FDI Attraction and Increasing Exports:
• Organizing Inward Economic m...
14
Investment Dimension – Jordan Compact Action
Plan
• Negotiating with the Countries of the EU for the Simplification of ...
Main Challenges facing the Kingdom
• The continuous Influx of Syrian Refugees.
• The state of instability and turmoil in t...
16
Zaatari Refugee Camp
Thank You..
17
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Holistic Approach for Syrian Refugees Crisis (Jordan Compact) and the Main Challenges facing the Kingdom (English version)

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Thabet ElWir, Jordan Investment Commission Chief, 11 May 2016, Regional conference: Investment and inclusive growth in the midst of crisis, Beirut

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Holistic Approach for Syrian Refugees Crisis (Jordan Compact) and the Main Challenges facing the Kingdom (English version)

  1. 1. Holistic Approach for Syrian Refugees Crisis (Jordan Compact) and the Main Challenges facing the Kingdom Thabet ElWir Chief of Commission Jordan Investment Commission
  2. 2. Main Pillars for the Holistic Approach – Jordan Compact The Holistic Approach – Jordan Compact is anchored on three interlinked pillars: 2 First • Turning the Syrian refugee crisis into a development opportunity that attracts new investments Second • Rebuilding Jordanian host communities by adequate financing Third • Mobilizing sufficient grants and concessionary financing to support the macroeconomic framework and address Jordan’s financing needs over the next three years
  3. 3. Post London Conference 2016 Pledges made by the International Community in London: 1. Financial Support & concessionary funding ( Grants & Soft Loans) to support the Host Communities and bridge the funding gap that Jordan is facing according to the adopted budget (2016-2018). 2. Enabling Jordan to attract new investments to the development zones, providing them with full support and benefits, while the EU will adopt simplified rules of origin 3
  4. 4. Action Plan Components- Jordan Compact 4 Improved Market Access to the EU Support to the Education Sector/Jordan Response Plan Doing Business Reforms, Investment Reforms and Developmen t Zones Approach Labor Market Reform s IMF Extended Fund Facility Program Grant Support to the Jordan Response Plan 2016- 2018 Concessionary Financing- Grants
  5. 5. Investment Dimension – Jordan Compact Action Plan First Component: Improved Market Access to the EU : 5 Task Hold a video conference with Brussels (DG Trade/DG Taxation and Customs Union) to agree on next steps; including timeframe for technical discussions on RoO with a target to conclude by Summer 2016 Evaluate the proposed development zones (pilot zones) and assess their readiness and needs. Select other zones/industries in light of the intention to request applying the simplified RoO to additional zones and industries
  6. 6. Investment Dimension – Jordan Compact Action Plan Second Component: Labor Market Reforms: 6 Task Provide specific training programs for Syrians and Jordanians (subject to donors support and based on the outcomes of the assessment study expected to identify needed areas and the available demand gaps) Take necessary arrangements to allow Syrian refugees to apply for work permits both inside and outside of the development zones Take measures to allow Syrians to formalize their existing businesses and to set up new, tax-generating businesses, including access to investor residencies, in accordance with the existing laws and regulations
  7. 7. Investment Dimension – Jordan Compact Action Plan Third Component: Doing Business Reforms,Investment Reforms and Development Zones Approach 7 Task Endorse the Residency, Work and Workers in Development Zones by- Law Endorse the by-laws under the new Investment Law Establish a Special Lane at the Investment Window at the Jordan Investment Commission to enable timely and smooth registrations and licensing in addition to issuance of needed approvals and permits Open offices for JIC (Investment Windows) at the designated development zones and outline their mandate with objective to enable timely and smooth registrations and licensing; issuance of approvals and permits
  8. 8. Investment Dimension – Jordan Compact Action Plan Third Component: Doing Business Reforms,Investment Reforms and Development Zones Approach 8 Task Identify sectors and industries to be attracted to the zones as part of Jordan’s promotional plan Organize a private sector event in London in cooperation with EBRD Organize and mobilize investment outreach missions (e.g. to European capitals in 2nd half of 2016)
  9. 9. Investment Dimension – Jordan Compact Action Plan Third Component: Doing Business Reforms,Investment Reforms and Development Zones Approach 9 Task Take necessary measures to improve investment climate, and develop a detailed plan on measures, regulation, structural reforms, investment strategy, investment promotion plan with timeline for implementation Take necessary measures to improve investment climate, and develop a detailed plan on measures, regulation, structural reforms, investment strategy, investment promotion plan with timeline for implementation Start the implementation of the Deauville Transition Fund funded project “Jordan Economic Legislation Reform” aimed at modernizing critical laws and regulations governing business activities in line with international best practices
  10. 10. Investment Dimension – Jordan Compact Action Plan Targeted Sectors and the Designated Development Zones: • The Following Labour -Intensive Sectors have been identified to support significant refugee employment: 10 Garment Construction & Real Estate Agriculture Contact Centers Pharmaceuticals
  11. 11. 11 Investment Dimension – Jordan Compact Action Plan • Needs of the designated Development Zones have been identified to ensure the readiness of those Zones to receive FDI, in terms of Infrastructure and Vocational Training: • IT/BPO Services R&D and HealthcareIrbid Development Area • Industrial Park for Light, Medium and Heavy Industries; Ceramics, Plastics, Electrical Appliances and Renewable Energy. Ma'an Development Area • Industrial (Light And Medium) and Logistics Hub, Strategically Located Between Syria, Iraq, and Saudi ArabiaKHBTDA (Mafraq) • Electronics, Pharmaceuticals, Food, Gramet Muwaqqar Industrial City • Garment, Food, ChemicalsKarak Industrial City
  12. 12. 12 Investment Dimension – Jordan Compact Action Plan • New Zones will be added in addition to the designated Development Zones in order to ensure the creation of a significant number of Job opportunities for Syrian Refugees and Jordanians as well.  Al-Dulail Industrial City in Zarqa  Al-Tajamouat Industrial City in Sahab  Marka, Qastal and AlJeezeh • Providing Skilled and trained labour through specialized training programmes according to the Investment Project needs in the Designated Areas, in addition to establishing vocational training centers within the Development Areas
  13. 13. 13 Investment Dimension – Jordan Compact Action Plan FDI Attraction and Increasing Exports: • Organizing Inward Economic missions from the United States of America and the EU that includes field visits to the designated Development Zones:
  14. 14. 14 Investment Dimension – Jordan Compact Action Plan • Negotiating with the Countries of the EU for the Simplification of the Rules of Origin from the Least Developed Countries according to the EU’s General System of Preferences and up to ten years which will contribute to increasing the FDI and the Local Exports Developing Investor Services: • Issuing the Investment Law no. 30- 2014 and the related regulations. • Establishing the Investment Window at the Investment Commission to provide a One Stop Shop service to provide licensing and registration for the economic activities in the kingdom. • Creating an E-Portal that will be part of the Commission’s website to provide online services and handle enquiries.
  15. 15. Main Challenges facing the Kingdom • The continuous Influx of Syrian Refugees. • The state of instability and turmoil in the region. • Opening up new export markets after the closure of Syria and Iraq trade routes • Upgrading the quality of the local products and increasing the production capacity of the local factories to meet EU Specifications. 15
  16. 16. 16 Zaatari Refugee Camp
  17. 17. Thank You.. 17

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