Jordan signs deals for investments worth $8.5 billion at WEF

DEAD SEA — Jordan on Friday signed a total of 19 agreements at the World Economic Forum Dead Sea meeting, at an investment volume of $8.5 billion. 

At a press conference following the signing of these agreements, Prime Minister Abdullah Ensour said there are other projects that have not been announced at the forum, because they have not reached the final stages yet, pointing out that the agreements signed are of “realistic” projects.  

Ensour highlighted the success of the forum, held for the ninth time in the Kingdom, lauding His Majesty King Abdullah’s efforts.  

“Had it not been for the strong will and the determination of the country’s leader and his distinguished reputation worldwide, the forum would not have seen this success in Jordan,” he said.

The premier highlighted the positive remarks made by experts taking part in the forum, who lauded the achievements that Jordan has accomplished under His Majesty’s leadership since 1999. 

The premier highlighted their positive remarks on Jordan’s “2025 Vision”, which the government recently launched, pointing out that the 10-year economic blueprint is flexible and leaves room for reassessment to keep up with changes. 

Executive programmes have been designed to take into consideration any new developments that call for revising and modifications, Ensour added. 

The premier noted that several measures have also been taken to attract these investments.

The projects signed are in the ICT, infrastructure, tourism, energy — especially renewable energy — transport, education and urban development sectors. 

On the sidelines of the WEF meeting, Ensour met with President of the European Bank for Reconstruction and Development Sir Suma Chakrabarti, the deputies of US secretaries of foreign affairs and human rights affairs, WEF Founder Klaus Schwab and Saudi Prince Khalid Bin Al Walid, Petra reported.