JIC to acquaint Georgian sovereign funds with opportunities in Jordan

AMMAN — Jordan Investment Commission (JIC) President Thabet Al Wir on Wednesday said the commission has prepared necessary arrangements to acquaint Georgian sovereign funds with high-value added investment opportunities in the Kingdom.

The JIC will join an economic delegation scheduled to visit Georgia next month to sign a technical cooperation protocol with the Georgia State Financing and Investment Commission to enhance Jordanian exports to Tbilisi and invite Georgian businesspeople to invest in the Kingdom, Wir said.

It is important to benefit from Georgia, home to sovereign funds of assets worth some $10 billion, the JIC president added, noting that he received confirmations of possible cooperation with the Georgian embassy in Amman to attract these funds to invest in Jordan. Wir also voiced his aspiration to enhance Jordanian exports to Georgia, encourage commercial exchange between the two countries, promote tourism and boost agricultural cooperation. Commercial exchange volume between Amman and Tbilisi in 2015 stood at around JD6.5 million.