From the Newsroom*
São Paulo – The Jordan Investment Board (JIB) is going to hold, with support from the United Nations Industrial Development Organisation (UNIDO), a forum for investment and trade under the theme "Business in Jordan", directed at investors from more than 20 countries. The forum will be held between the 18th and 20th of June in Amman, capital city of the Arab country.
With the aim of increasing the flow of investments in Jordan and expanding industrial exports of the small and medium enterprises, the forum is going to promote business meetings between 100 local and 300 foreign entrepreneurs. Amongst the participating countries are: Bahrain, China, France, Germany, Iraq, Japan, Kuwait, Luxembourg, Libya, Nigeria, Pakistan, Poland, Qatar, Saudi Arabia, Spain, Syria and United Arab Emirates.
The JIB identified more than 80 business opportunities in Jordan, which are evaluated in US$ 62 million. Amongst the main sectors are aluminium, clothes, cosmetics from Dead Sea, furniture, jewellery, stones, information and communication technology, olive oil, pharmaceutical products, agricultural products, amongst others.
On the first day of the forum there will be presentations on industrial investment for small and medium sized companies and explanations on the financial systems available for the foreign companies to invest in the Arab country and the region. As well as that, there will also be presentations of case studies of companies that formed partnerships in Jordan.
The second day of the forum will be reserved for the business meetings. Parallel to that, a delegation of participants of the of the Organisation for Economic Cooperation and Development (OECD) is going to hold a workshop on the National Investment Reform Agenda for Jordan within the framework of the MENA-OECD Investment Programme.
On the last day of the event, foreign businessmen will have the opportunity of visiting production units of companies in the following sectors: pharmaceutical, clothing, agro-foods, olive oil, dates, information and communications technologies, jewellery, stones for construction, cosmetics from the Dead Sea and furniture.
Jordan
The Arab country, located in the Middle East, has a population of more than 5.8 million people. The Gross Domestic Product (GDP) in Jordan is of US$ 12.2 billion, it is one of the greatest phosphate exporters in the world and also owns ore, oil and gas reserves.
The global trade between Jordan and Brazil added up to US$ 26.6 million from January to May this year. Brazilian exports to the Arab country yielded US$ 24.8 million during the first five months of 2006, against US$ 25.7 million in the same period last year. The main products shipped were aluminium plates, chassis with engines for automobiles, meats, paper and coffee.
Brazilian imports from Jordan, in turn, added up to US$ 1.4 million from January to May 2006, which represented an increase of 518% in relation to the same period last year. The main products imported were aluminium, fertilisers, poison for rodents and clothes.
*Translated by Silvia Lindsey
