JORDAN: New Jordan Foreign Investment Law to Aid Foreign Investment

Monday June 18 2012

In connection to the new Jordan foreign investment law to aid foreign investment, it has been reported that the Ministry of Industry and Trade of Jordan will present the Cabinet with a new version of the Investment Promotion Law to address flaws in the law currently in force by cutting red tape and facilitating investing in Jordan.

The new law will ensure smooth registration and implementation of projects to benefit from the legislation.

Special committees will be tasked with facilitating and following up on all foreign investments in the Kingdom, with the authority to solve problems and hurdles facing them on the spot.

This information will be updated as more details become available