The Haven of Stability for International Business: Jordan
As the saying goes: fortune favors the brave. This is true in all avenues of life, especially business. If you want to expand your company and gain new markets, taking your products international is the best first step. But it’s never easy to enter an unfamiliar market that seems different from everything you are used to. The knowledge that foreign investors and local investors are afforded the same treatment in Jordan should make your decision to expand even easier.
Did you know that foreign investors have the same rights to invest in the Kingdom as Jordanian investors, through ownership, participation, or shareholding of any projects? Jordan is strategically positioned at the crossroads of the MENA (Middle East and North America) region, close to Europe, Asia and Africa. Having strong, cooperative relations with its neighbors and the wider international business community, Jordan is a haven of stability for international business.
Jordan’s economy witnessed several positive developments in 2014, including lower oil prices and a smaller current account deficit. While both Jordanian officials and the International Monetary Fund (IMF) expect respectable overall growth for 2015, further economic development of the Kingdom will depend on its ability to maintain momentum by reducing its’ vulnerability to external influences.