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Jordan welcomes China to boost investment in energy, infrastructure

Staff Writer |
Jordan said the potential for Chinese companies to boost their investment in Jordan is extensive in various fields.

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Addressing the Jordanian-Chinese Business Forum, Jordanian Minister of Trade and Industry, Yaroub Qudah, called on Chinese companies to benefit from the investment facilities and incentives provided in Jordan, especially in solar and wind energy, oil shale, pharmaceuticals and fertilizers sectors.

During the forum, held by Jordan's Chamber of Commerce, the minister said several investment opportunities exist in Jordan in the fields of energy and infrastructure plus tourism.

The minister added that Chinese companies investing in Jordan will benefit from a strategic geographic location due to Jordan's proximity to Syria, thus Chinese companies can play a key role in reconstructing Syria.

Stressing upon the strategic ties between Jordan and China in several areas, the minister said China is Jordan's second largest trade partner and that the trade exchange between both sides exceeded 3 billion U.S. dollars in 2016.

Qudan said Jordan is a gateway to Middle East markets and the country is a signatory to several free trade agreements with various countries such as Canada and the U.S.

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