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Abu Ghazala affirms local involvement in all projects

Abu Ghazala affirms local involvement in all projects

The Minister of Investment, Tarek Abu Ghazaleh, emphasized that the government encourages the formation of local investment alliances, ensuring that no government project is proposed without at least 30% local participation. This was stated during a discussion between the Investment Council and Prime Minister Jafar Hassan regarding investment opportunities, projects, incentives, preparations for the Jordan-European Investment Conference, and improvements to investment legislation. The efforts include updating the investment environment system to enhance policy stability and accelerate procedures, as well as preparing the Investment Funds Law for 2026 to regulate various types of funds and attract regional and international funds. The goal is to improve the investment climate and support the capital market.

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