World Economic Forum - Jordan

Written by Super User. Posted in Blog


Signed today on the occasion of meetings of the World Economic Forum in Jordan investment agreements worth three billion dollars to develop the service sector and create jobs and support economic reforms in the Kingdom.

It has signed an agreement between the institution of Jordan Enterprise Development Corporation and the European Investment Bank and Abraaj Capital requires the creation of the Fund in the Jordanian capital for growth with an initial capital worth thirty million dollars, and will rise to fifty million in just eight years, the fund will SMEs ceiling does not exceed five million dollars.

And signed an agreement concerning the draft charge electric-powered cars between Princess Sumaya University for Technology and Net Energy company with a capital of two billion dollars, will be during the period of the implementation of the project until 2020 to build stations to charge about one hundred thousand vehicles.

An agreement concluded between the Ministry of Communication and Information Technology, Jordan Inc. Oktenseea to finance the establishment of a call center Irbid area, and the project will happen two hundred jobs and private sector serves areas of northern Jordan.

Energy project

And signed the King Abdullah Fund for Development agreement with Petrasolar company for the production of electricity by solar energy Tafila province $ 25 million to increase reliance on solar energy in electricity production.

He announced the U.S. ambassador to Jordan today announced the conclusion of a protocol agreement between Washington and Amman, which provides a guarantee worth U.S. $ 250 million for the development of small and medium-sized enterprises in Jordan.

On the other hand, Al-Jazeera correspondent in Jordan that politicians and investors Arabs participate the World Economic Forum in the Dead Sea called to inject liquidity to reduce the huge differences that sparked popular revolts in the Arab World, the speakers said there was a need for jobs and improve governance and investment.

It also launched the World Economic Forum today Makers Association world to the Middle East, is a global network of centers led by young people between twenty and thirty years who have achieved the quality of achievements.