Key Competitive Attractions
Jordan is largely a service-oriented economy, with the tertiary sector accounting for 67.6% of the total GDP. The country is often regarded as the new business capital of the Levant or the next Beirut. Some of the fastest growing business sectors are in banking, tourism and ICT.
Manufacturing contributes 19.2% of GDP. The main products are potash, phosphates, pharmaceuticals, cement, textiles, furniture, jewellery, plastics and fertilizers.
There are more than 50 major multinational companies established in Jordan. Most foreign investments are concentrated in six economic zones: Irbid, the Dead Sea, Ajloun, Ma'an, Mafraq, and Aqaba. Jordan is part of the Greater Arab Free Trade Area (GAFTA) and also has trade agreements with USA, the EU and Singapore.
Assistance and Support For New Business Investors
The Jordan Investment Board provides foreign investors with current data and market analysis to support business decisions. A one-stop shop principle has been established to facilitate the licensing and registration process.
