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Musiad ppp
The document outlines the investment climate and business opportunities in Jordan, emphasizing its liberalized market, strategic location, and favorable economic conditions. It highlights Jordan's bilateral economic relations with Turkey and the benefits of investing in various development zones, including tax incentives and a robust infrastructure. The country's stable political environment and commitment to anti-corruption further enhance its attractiveness as a destination for investment.
Musiad ppp
- 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 ata Glance
- 4. Jordan at aGlance 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–TurkeyEconomic
- 6. BILATERAL AGREEMENTS DoubleTaxation 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 withthe 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 InvestIn Jordan?
- 9. ADVANTAGES OF INVESTINGIN 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 ofAccess 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’svirtual 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 clearenablers 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 Allindustrial 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 designedto 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 BinTalal 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 DevelopmentZone • 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 DevelopmentArea ( 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 JordanIndustrial Estates
- 23. Jordan Industrial EstatesCompany 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 INDUSTRIALESTATES COMPANY? JIEC ACT …. DOES NOT ONLY REACT
- 25.
- 26. Industrial Estates Designedto 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 ThePipeline Zarqa’a Industrial Estate Madaba Industrial Estate Al Mafraq Industrial Estate Jerash Industrial Estate Salt Industrial Estate Tafilah Industrial Estate
- 28. Success Stories Takeadvantage. Turn to Jordan.
- 29.
Editor's Notes
- #13 Investors’ confidence in the Kingdom's economy, political stability, good international relations and cost-competitiveness has produced a groundswell of investment from around the world. All efforts contribute to maintaining a momentum of growth and development. Jordan’s macro-economic fundamentals are sound and contributing to the country’s continued growth in 2010. Liberalization, careful planning, policy reforms, a strong economy, and the creation of ideal conditions for businesses led to a surge in foreign investment to Jordan. A population of 5.9 million out of which 70% is under the age of 30 and enjoys a 2.3% annual growth rate. Literacy rates in the Kingdom are among the highest in the Middle East attaining 92% compared to 89.9% in 2004. Our infrastructure is set up to serve people, investment, trade and ideas. Jordan’s modern transportation infrastructure helps businesses navigate the world more quickly and comfortably. Further, Jordan has one of the most liberalized and competitive telecommunication markets in the Middle East and an independent regulator. Strong Banking System, Competitive costs of Doing Business , Attractive tax incentives and custom duty exemptions, Reformed and liberal legislation, Streamlined procedures, Profound and international investor protection measures.