Power Point Presentation about the relation between Jordan and Turkey , also , the incentives received from investing inside Jordan Industrial Estates

1. Investment Climate &
Business Opportunities in
Jordan

2. Table of Contents
Jordan at a Glance
Jordan – Turkey Economic
Relations
Why Invest In Jordan?
1
2
3
5
Development & Free Zones in
4
Jordan
Jordan Industrial Estates
Company

3. 1 Jordan at a Glance

4. Jordan at a Glance
Official name The Hashemite
Kingdom Of Jordan
Capital city Amman
Population 6,665,000
Official Language Arabic
Government
Unitary
Parliamentary
Constitutional
Monarchy
King Abdullah II
Area 89,342 km2
Neighboring
Countries
Syria , Iraq , Saudi
Arabia , Palestine ,
Israel
Currency Jordanian Dinar
GDP per Capita 4,674 $
Time Zone GMT +2

5. 2 Relations
Jordan–Turkey Economic

6. BILATERAL AGREEMENTS
Double Taxation Prevention Treatment ( 1985 )
 Bilateral Investment Promotion and Protection
Agreement ( 1993 )
The Association Agreement Establishing a Free Trade
Area between the Republic of Turkey and Jordan ( 2009 )
 Turkish-Jordanian Business Council strengthened
commercial and economic relations between the two
countries ( 1994 )

7. Trade Relations with the Republic of Turkey
Top Imported Commodities from turkey
2011-2012
Top Exported Commodities to Turkey
2011-2012
Description Trade Value Description Trade Value
Raw petroleum materials,
iron and steel
(52 million $) Crude fertilizers (47 million $ )
Textile yarn, fabrics (47million $) Inorganic chemicals ( 21 million $ )
Manufactures of metals (31 million $) Fertilizers ( 13 million $ )
Electrical machinery and
apparatus
(40 million $) Textile yarn, fabrics (4,2 million $)
Other unclassified goods and
money and other
commodities
( 601 million $ )
Other unclassified goods and
money and other commodities
( 9.8 million $ )
Total ( 771 million $ ) Total ( 95 million $ )

8. 3 Why Invest In Jordan?

9. ADVANTAGES OF INVESTING IN JORDAN
 Liberalized Market
 Cheap oil ,gas , and electricity
 Free Trade agreements ( access to more than one billion
customer )
 Domestic Market of over 8 Million People
 Proximity to the Huge Markets
 Gateway to the Gulf region
 High-skilled, Competitive Labor
 Low Labor Cost ( min wage 230 $ per month )
 Strong Ties With G20 countries
 Guarantee of Transfers
 Reliable Investment Environment

10. The Point of Access to the MENA Region
350.3 million is the 2011 estimate of the population of Arab
countries*
$2,761 billion is the total MENA GDP in 2011**
15.6% is MENA’s GDP growth for the period 2005–2011 compared
to world average of 8%***
2.3% is MENA’s population growth rate vs.. 1.2% the growth of the
world population in the same period***
* Arab Monitory Fund Report
** IMF World Economic Outlook Database
*** IMF & UN World Population Perspectives Database

11. Beyond MENA
Jordan’s virtual hub allows free market access to over one billion
consumers through its trade and investment agreements
• Turkey FTA
• Singapore FTA
• Canada FTA
• Aghadir Agreement
• Greater Arab Free Trade
Agreement (GAFTA)
• US FTA
•EU Association Agreement
• Qualified Industrial Zones
Agreement (QIZ)
• Jordan-EFTA

12. Jordan presents clear enablers to help your business grow
Growing, robust
& stable
economy
Favorable
business
environment
Political stability,
security & rule of
Modern & well
connected
infrastructure
Skilled &
talented human
capital
law
 Jordan traditionally enjoys the
position of one of the more
stable countries in the Middle
East. According to GloablIntake
Jordan holds an excellent ranking
( 12 ) which is considered an
elevated risk ranking.
 Very good anti-corruption policy
( according to Transparency Intl. )
 Independent and neutral judicial
system , whereas Jordanians and
non Jordanians are equal in front
of the law
 Ranked the third least corrupt
among middle eastern in
Transparency International’s 2012
Corruption Perception Index after
Qatar & UAE

13. Investment Incentives
All industrial projects located inside the (Development Zones)
enjoy numerous of incentives & exemptions as follow:
5% (Flat Rate) on income generated from activities with the
development zone (Industrial Estate)
Income Tax
0%on goods and services purchased into or imported for use in
economic activities
Sales Tax
0% on all materials, instruments, machines, and appliances used for
establishing, construction and equipping and furnishing all kind of projects
Customs Duties
0% on all Social Services income accrued with zone (Industrial Estate)
tax
Dividends Tax 0%on all income accrued with zone (Industrial Estate)

14. Economic Freedom (2012) - Index of Economic Freedom - Heritage Foundation
Scored 70.0 on Investment Freedom World Av. 59.5 Scored 69.9 on Economic Freedom World Av. 59.5
32 3rd Most Free Economy in the Region Most Free Economy in the World
rank country overall score
change from
previous
1 Bahrain 75.2 2.5-
2 Qatar 71.3 0.8
3 Jordan 69.9 1.0
4
United Arab
Emirates
69.3 1.5
5 Oman 67.9 1.9-
6 Israel 67.8 0.7-
7 Kuwait 62.5 2.4-
8 Saudi Arabia 62.5 3.7-
9 Morocco 60.2 0.6
10 Lebanon 60.1 0.0
Regional Ranking

15. 4 Jordan
Development & Free Zones in

16. Development Zones
designed to leverage the unique investment characteristics of every region
Jordan Development
Area (Jabal Ajloun – Dead
Sea)
Mafraq
Development Area
Amman
Development Area
Irbid
Development Area
5%
Income Tax
0%
Income Tax
on Exports
0%
Sales
Tax
0%
Import
Duties
0%
Social
Services Tax
0%
Dividends
Tax
Aqaba Special
Economic Zone(Free
Zone)
Ma’an
Development Area
Business Park
Development
Area
(Dabouq)

17. King Hussein Bin Talal Development Area ( Mafraq)
KHBTDA
• Stretched across 21 Km2
• Light & Medium Industry Sectors ( Food ,
Beverage , Pharmaceutical , Medical
Supplies , Light Chemical , and Other…..)
• Logistic Sector
• Residential ,Community Services ,and
Commercial Sectors .

18. Ma’an Development Area
• Industrial Park
• Residential Community
• Skill Development Center
• Hajj Oasis

19. IRBID DEVELOPMENT AREA
IDA
• Service Industry ( Information and
Communication Technology )
• Health Care
• Research and Development
• Residential and Multi Use Commercial
Facilities

20. Dead Sea Development Zone
• Located 55 km from the capital Amman
• on the shores of one of the most spectacular and
historical landscapes on earth
• Investment opportunities are focused on tourism
and hospitality sectors
• Residential developments and community services
• Recreational facilities , spas , Restaurants and other
attractions

21. Business Park Development Area
( Dabouq )
• Located in outstanding city location inside Amman
• O / NGO ‘s
• Medical and health centers
• Safety , Security , and Compliances
• Media
• Residential Sectors

22. 5 Company
Jordan Industrial Estates

23. Jordan Industrial Estates Company
Industrial Estates : a specific areas zoned for industrial activity in
which infrastructure such as roads, power, and other utility services is
provided to facilitate the growth of industries and
to minimize impacts on the environment
Why the Industrial Estates
• Enhancing the investment environment
• Generating job opportunities
• Assembling industries within specific area
• Technology settling
• Enhancing the products’ accessibility
• Environmental issues

24. WHY JORDAN INDUSTRIAL ESTATES COMPANY?
JIEC ACT …. DOES NOT ONLY REACT

25. Industrial Sectors

26. Industrial Estates
Designed to Leverage the Unique Investment Characteristics of Every Region
Zarka Industrial Estate
Al Hussein Industrial
Estate / Karak
Al Hassan Industrial
Estate / Irbid
Al Muwaqar
Industrial Estate
Abdullah II Industrial
Estate / Sahab
Madaba Industrial
Estate
Aqaba International
Industrial Estate / Aqaba
Al Mafraq Industrial
Estate

27. Projects in The Pipeline
Zarqa’a Industrial Estate
Madaba Industrial
Estate
Al Mafraq Industrial
Estate
Jerash Industrial Estate
Salt Industrial Estate
Tafilah Industrial Estate

28. Success Stories Take advantage. Turn to Jordan.

29. Thank You