Investment Climate and Business
Opportunities in Jordan
Dr. Maen Nsour
Chief Executive Officer
Jordan Investment Board
Presentation Agenda
Jordan – Portugal Economic Relations
Reforms and Macroeconomic Stability
International Reports
Investment Climate in Jordan
Jordan’s Competitive Advantages
Jordan’s Enabling Platforms
Engines of Growth and Business Opportunities
Jordan – Portugal Economic Relations
Balance of Trade
The two-way trade
volume between the
two
countries
reached
$10.7
million in 2007
Portugal maintains
positive trade balance
with Jordan
Trade Relations
Jordan’s Exports to Portugal in 2007
Portugal’s Exports to Jordan in 2007
Other
2%
Other
16%
Fertilisers
28%
Chemicals
70%
Pharmaceuti
cals
42%
Mineral
Products
7%
Textiles
14%
Pulp of
Woods
21%
Economic Agreements
Agreement On Trade And Economic And Technical Cooperation
Between The Government Of The Hashemite Kingdom Of Jordan
And The Government Of The Republic Of Portugal (13-MAY1980).
Agreement On Trade And Economic And Technical Cooperation
Between The Government Of The Hashemite Kingdom Of Jordan
And The Government Of The Republic Of Portugal (29-JAN1982).
Jordan – EU Economic Partnership Agreement (24-NOV-1997).
Portugal’s Foreign Direct Investment
Portugal’s Outward FDI by Country (2003-2008)
UK
2%
Germany
2%
Other Countries
18%
Brazil
21%
Morocco
3%
France
4%
Spain
18%
Poland
9%
Romania
4%
USA
5%
Angola
14%
Destination Country
Number of
Investment Projects
Brazil
55
Spain
48
Angola
35
Poland
23
USA
14
Romania
10
France
10
Morocco
7
Germany
6
UK
6
Other Countries
46
Overall Total
260
Source: FDI Markets, Financial Times (2009)
Portugal’s Foreign Direct Investment
Portugal's Outward FDI by Sector (2003-2008)
Sector
Number of
Investment Projects
Real Estate
Real Estate
16%
Other Sectors
29%
Financial Services
13%
Textiles
5%
Plastics
4%
Wood
Products
4%
Communications
4%
Hotels & Tourism
4%
Alternative/Rene
wable energy
9%
Building &
Construction
Materials
7%
Software & IT
services
5%
42
Financial Services
Alternative/Renewable
energy
Building & Construction
Materials
34
Software & IT services
14
Textiles
12
Hotels & Tourism
11
Communications
10
Wood Products
10
Plastics
9
Other Sectors
76
Overall Total
Source: FDI Markets, Financial Times (2009)
24
18
260
How Jordan Matches Portugal’s Investment Needs
Textiles Sector in Jordan
Portugal's Outward FDI by Sector (2003-2008)
$1.3 billion annual exports
(around 20% annual growth in
the past 5 years).
QIZ’s and numerous industrial
estates provide access to
services, manufacturing
infrastructure.
Other Sectors
29%
IT Sector in Jordan
$200 million annual exports.
Sound government Policy,
advanced
telecom
infrastructure and growing
talent.
Highly competitive costs with
average IT staff salaries only
one fifth of Ireland and
around 75% lower than in
UAE
Plastics
4%
Wood
Products
4%
Hotels &
Tourism
4%
Communicati
ons
4%
Textiles
5%
Real Estate
16%
Financial
Services
13%
Building &
Construction
Materials
7%
Alternative/R
enewable
Software & IT
energy
services
9%
5%
Building and Construction
Materials in Jordan
Jordan possesses significant
mineral resources used in the
construction industry such as
building
and
ornamental
stones (including marble),
cement raw materials, sand,
gravel, crushed stone and
natural sand and others.
Renewable Energy in
Jordan
Jordan is blessed with an
abundance of solar energy
which is evident from the
annual daily average solar
irradiance on a horizontal
surface ranges between 5-7
kWh/m2, which is one of the
highest in the world. The
average sunshine duration is
more than 300 days per year.
Reforms and Macroeconomic Stability
GDP Growth
9
8.6
8.5
8.1
8
8
Percentage (%)
7.5
7
6.6
6.6
6.5
5.8
6
5.6
5.5
5
4.5
4.5
4.1
4
2001
2002
2003
3004
2005
2006
2007
2008E
2009E
Gross Domestic Product
12000
11722
11000
JD (Million)
10521
10497
10000
8954
9000
8090
8000
2004
2005
2006
2007
2008 (Jan - Sept)
GDP Per Capita
2100
2048
2000
1879
Jordanian Dinars
1900
1803
1800
1700
1613
1600
1512
1500
1400
2004
2005
2006
2007
2008 (Jan - Sept)
Inflation
30%
25%
26.0%
20%
15%
14.9%
10%
8.0%
7.8%
5%
2.0%
2.3%
3.4%
5.0%
6.1%
5.4%
0%
1990
1995
2000
2003
2004
2005
2006
2007
2008
2009E
Foreign Reserves
8500
8306
8068
8000
7705
7744
7621
7500
7566
US$ (Million)
7259
7000
7007
6871
6863
6593
6500
6059
6000
5500
5000
5951
5422
7393
External Debt as a % of GDP
200
189
180
160
Percentage (%)
140
120
105
100
84
80
77
67
59
60
52
46
40
27
20
0
1990
1995
2000
2003
2004
2005
2006
2007
Mar-08
Deposits in Banks
18500
18148 18103
18117 18103
18000
17852
17568
US$ (Million)
17500
17229
17063
17000
16629
16500
16317
15988
16000
15500
16437
17819
18355
Trade Balance
10000
8638
8000
8298
7275
6606
6000
5184
3690
JD (Million)
4000
2753
4064
4143
3050
Exports
2000
Imports
Trade Balance
0
2004
-2000
-4000
-6000
2005
2006
-3556
-3585
2007
2008 (Jan - Sept)
-4574
-4155
-2431
Amman Stock Exchange
Number of Registered Companies
270
262
250
245
230
227
210
192
201
190
170
161
158
161
150
2001
2002
2003
2004
2005
2006
2007
2008
Market Capitalization
JD (Million)
40000
20000
10000
29,214.20
26667.1
30000
4476.7
5029
7772.8
21078.2
25,406.30
13033.8
0
2001
2002
2003
2004
2005
2006
2007
2008
Amman Stock Exchange
JD (Million)
Number of Traded Shares
6000
5000
4000
3000
2000
1000
0
5,442.30
4104.3
4,479.40
2582.6
340.6
2001
461.8
2002
1008.6
2003
1338.7
2004
2005
2006
2007
2008
Value Traded
25000
20,318.00
JD (Million)
20000
16871
15000
14209.9
12,348.10
10000
5000
0
668.7
2001
950.3
2002
1855.2
2003
3793.2
2004
2005
2006
2007
2008
Amman Stock Exchange
Percentage (%)
Market Capitalization as a % of GDP
350
300
250
200
150
100
50
0
326.6
289
184.7
75.7
2001
116.8
80.4
2002
226.3
233.9
2003
2004
2005
2006
2007
2008
Non-Jordanian Ownership of Market Capitalization
50
Percentage
45
45.5
2005
2006
48.9
49.2
2007
2008
45
41.3
40
38.5
37.4
38.8
35
2001
2002
2003
2004
International Reports
The Global Competitiveness Report 2008 (GCR)
An effective tool to
benchmark
the
competitiveness of 134
countries .
Jordan ranks 48th out of
(134) countries in the
report up from 49th out
of (131) countries in the
previous year
GCR – Business Environment Challenges
The IMD World Competitiveness Yearbook 2008
One of the world’s most
comprehensive
annual
report
on
the
competitiveness of 55
nations,
ranking
and
analyzing how a nation’s
environment creates and
sustains
the
competitiveness
of
enterprises.
Jordan ranks 34th out of
(55) countries in the report
up from 37th out of (55)
countries in the previous
year.
The IMD World Competitiveness Yearbook 2008
Education
Health and Environment
Scientific Infrastructure
Tech. Infrastructure
Basic Infrastructure
Attitudes and Values
Management Practices
Finance
Labor Market
Productivity and Effeciency
56
45
31
33
39
Societal Framework
46
33
25
39
23
2008
Business Legislation
52
39
36
49
34
2007
Institutional Framework
2
43
30
22
17
60
50
40
30
20
10
0
Fiscal Policy
61
14
33
28
43
Public Finances
54
16
22
13
28
Prices
48
60
28
61
25
Employment
44
24
35
54
32
International Investment
37
International Trade
34
Domestic Economy
Economic Performance
Domestic Economy
International Trade
International Investment
Employment
Prices
Government Efficiency
Public Finances
Fiscal Policy
Institutional Framework
Business Legislation
Societal Framework
Business Efficiency
Productivity and Efficiency
Labor Market
Finance
Management Practices
Attitudes and Values
Infrastructure
Basic Infrastructure
Tech. Infrastructure
Scientific Infrastructure
Health and Environment
Education
2007
Overall Performance
Overall Performance
2008
The World Investment Report 2008
Country
2005
2006
2007
Hong Kong
4
2
1
Bulgaria
8
3
2
Iceland
12
4
3
Malta
10
5
4
Bahamas
21
8
5
Jordan
8
7
6
Singapore
6
6
7
Estonia
7
9
8
Georgia
16
15
9
Lebanon
9
13
10
Guyana
32
20
11
Bahrain
23
12
12
Belgium
11
10
13
100
Gambia
14
11
14
80
Panama
25
16
15
Mongolia
-
19
16
Published by The United Nations
Conference
on
Trade
and
Development (UNCTAD).
Jordan is ranked 6th out (141)
countries and in the top 20 in the
Inward FDI Performance Index.
Jordan's Rank in the WIR (UNCTAD)
140
132
120
60
Tajikistan
-
18
17
40
Cyprus
-
24
18
20
Moldova
-
27
19
0
Egypt
-
31
20
46
19
1994
2003
2004
8
7
6
2005
2006
2007
The World Investment Report 2008
Under Performers
Jordan, Morocco, Sudan, Lebanon, Yemen,
Below Potential
India, Turkey
Saudi Arabia, UAE, Kuwait, Japan, Germany,
Israel, Qatar, Italy
1993-1995
Syria, Lebanon, Algeria, Sudan, Turkey, India
Jordan, USA, Saudi Arabia, Oman, UAE,
1999-2001
Syria, Algeria, Turkey, India
2001-2003
2003-2005
1988-1990
2005-2007
Latest
Above Potential
Front Runners
Syria, Tunisia, Egypt
UK, USA, Oman, Bahrain, Ireland, China, France
Morocco, Tunisia, Egypt, Yemen
UK, Bahrain, Qatar, Singapore, Ireland, China,
USA, Oman, Lebanon, Japan, Italy, Saudi
Arabia, Qatar, UAE, Tunisia, Egypt
Morocco, Sudan, Brazil, Kazakhstan
Jordan, UK, Singapore, Ireland, Germany,
Algeria, India, Turkey, Egypt, Yemen
UK, Japan, Kuwait, Lebanon, Korea, Russia,
Saudi Arabia, UAE, USA
Syria, Sudan, Morocco
Jordan, Kazakhstan, Qatar, China, France,
Syria, Yemen, India, Indonesia, South Africa
USA, Oman, Algeria, Libya, Kuwait, Tunisia,
Saudi Arabia, Turkey, Japan, Germany, Ireland
Egypt, Morocco, Sudan, Lebanon,
Romania
Bangladesh, Benin, Bolivia, Burkina Faso,
Nigeria, Pakistan, Papua New Guinea,
Paraguay, Peru, Philippines, Rwanda, Senegal,
South Africa, Sri Lanka, Syrian Arab Republic,
Togo, Uzbekistan, Yemen.
Algeria, Argentina, Australia, Republic of
Korea, Russian Federation, Saudi Arabia,
Slovenia, Spain, Sweden, Switzerland, Taiwan
Province of China, Tunisia, Turkey, United
States and Venezuela.
Angola, Benin, Bolivia, Burkina Faso, Niger,
Nepal, Pakistan, Papua New Guinea, Paraguay,
Philippines, Rwanda, Senegal, South Africa, Sri
Lanka, Ecuador, South Africa, Syrian Arab
Republic, Turkey and Kenya.
Portugal, Algeria, Argentina, Australia,
Kuwait, Libya, Germany, Japan
Republic of Korea, Russian Federation,
Slovenia, Spain, Mexico, Switzerland, Taiwan
Province of China, Norway, Qatar, United
States and Venezuela.
Albania, Angola, Armenia, Colombia,
Congo, Costa Rica, Ecuador, Nicaragua,
Republic of Moldova, Romania, Sierra
Leone, Sudan, Suriname, Tajikistan,
Uganda, United Republic of Tanzania,
Uruguay, Vietnam and Zambia.
Colombia, Congo, Costa Rica, Egypt,
Ethiopia, Lebanon, Nicaragua, Georgia
Romania, Sierra Leone, Sudan,
Suriname, Tajikistan, Uganda, United
Republic of Tanzania, Uruguay and
Vietnam.
China, France
Tunisia, Germany, Ireland, Israel
Jordan, UK, Bahrain, Qatar, UAE, Singapore,
China
Jordan, Portugal, Bahrain, Belgium,
Botswana, Brunei Dominican Republic, Estonia,
Hong Kong (China), Hungary, Iceland,
Kazakhstan, Latvia, Lithuania, Luxembourg,
Malaysia, Malta, Netherlands, Panama,
Poland, Portugal, Qatar, Singapore, Slovakia,
UAE and United Kingdom.
Jordan, Bahrain, Belgium, Botswana, Brunei,
Estonia, Hong Kong (China), Hungary, Iceland,
Kazakhstan, Latvia, Lithuania, Luxembourg,
Malaysia, Malta, Netherlands, Panama,
Poland, Qatar, Singapore, Slovakia, UAE and
United Kingdom.
Investment Climate in Jordan
Foreign Direct Investments
3500
3,263
3000
US$ (Million)
2500
1,948
2000
1,772
1,771
1500
1000
500
815
443
0
2003
2004
2005
2006
2007
Sep-08
Average Direct Investment Distribution per Sector
Investment Benefiting from Investment Promotion Law
3500
3,099
3,194
3000
2,583
US$ (Million)
2500
2000
1500
1,055
1000
589
500
424
368
2002
2003
0
2004
2005
2006
2007
2008
Jordan’s Competitive Advantages
Why Invest In Jordan?
Advantages
Political Stability, Security & Vision
Description
 Investors’ confidence in the Kingdom's economy, political stability, good international relations and cost-competitiveness has
produced a groundswell of investment from around the world. All efforts contribute to maintaining a momentum of growth and
development.
Strategic Location and Central
Market Access to One Billion
Consumers
 Jordan enjoys distinguished foreign trade policies built on the norms of openness and integration. Agreements include GAFTA
with 17 Arab countries, US Free Trade Agreement, association agreement with the European Union and a European Free Trade
Association Agreement. Similar deals are currently being negotiated with Canada, Turkey, and extending to Latin America.
Growing and Robust Economy
 Jordan’s macro-economic fundamentals are sound and leading considered indicators to the country’s continued growth in 2008.
Liberalization, careful planning, policy reforms, a strong economy, and the creation of ideal conditions for businesses led to a
surge in foreign investment to Jordan.
Skilled and Talented Human Capital
Modern and Well Connected
Infrastructure
Favorable Business Environment
Enabling Platforms
 A population of 5.9 million out of which 70% is under the age of 30 and enjoys a 2.3% annual growth rate. Literacy rates in the
Kingdom are among the highest in the Middle East obtaining 91.1% in 2007 compared to 89.9% in 2004.
 Our infrastructure is set up to serve people, investment, trade and ideas. On one hand, Jordan’s modern transportation
infrastructure helps businesses navigate the world more quickly and comfortably. On the other hand, Jordan has one of the most
liberalized and competitive telecommunication markets in the Middle East and an independent regulator.
 Strong Banking System, Competitive costs of Doing Business , Attractive tax incentives and custom duty exemptions, Reformed
and liberal legislation, Streamlined procedures, Profound and international investor protection measures.
 Development Areas (King Hussein Business Park, King Hussein Bin Talal Development Area, Irbid Development Area, Ma’an
Development Area), Special Economic Development Zone (ASEZA), Industrial Estates, Free Zones.
Oasis of Calm and Stability
Decades of political stability, since 1921.
According to the Global Competitiveness Report 2008-2009, issued by
the World Economic Forum, Jordan ranks as follows:
Prevention of Organized Crime:
(11) out of (134) countries.
Business costs of crime and violence
(14) out of (134) countries.
Reliability of Police Services:
(20) out of (134) countries.
Strategic Location
Jordan
Strategically situated on land bridge between Europe, Africa and Asia
Jordan serves as a focal point for trade and investment within MENA
The MENA market is comprised of 325 million consumers, 6% of world population
Growth rate: 3% (vs. 0.8% in EU)
Consumer market is projected to double in size in approximately 18 years
International Gateway
Member of WTO.
Jordan-US Free Trade Agreement (FTA).
Qualifying Industrial Zone (QIZ) Agreement.
Greater Arab Free Trade Agreement.
Euro-Jordanian Association Agreement.
Aghadir Agreement.
Jordan-EFTA FTA.
Jordan-Singapore FTA.
Access To One Billion Consumers…
Customs Free and Quota Free
Skilled and Talented Human Capital
People are our greatest asset
Well educated population.
20% of population have a degree or third level qualification
Over 92% literacy rate.
Ranked 39th out of (134) countries for the number of scientists and
engineers.
192,000 students currently enrolled in universities.
25 universities (15 private, 10 public).
60 community colleges.
35 vocational training centers training over 10,000 people each year.
Competitive wage structure.
Jordan provides the Middle East with its most highly skilled workers,
particularly in the professional and services sectors…
Modern and Well Connected Infrastructure
Jordan boasts high quality infrastructure
surpassing many regional and emerging
economies.
3 airports and 1 port (Aqaba)
55 directly served destinations and 700 served by
alliance airlines.
Expanding airport to serve 9 millions passengers
annually
Road network: 8,000 km of modern highway
system.
Railway master plan to develop an extensive rail
network.
Deregulated telecommunication market since
2005
High Quality of Living
Ave. summer temp 95F (35C); ave. winter temp is 50 F (10C)
Very low crime rate; Jordan is a noticeably clean country
Excellent education facilities for all ages; 21 universities and
accredited international schools including American, British,
and French
Major tourist attractions: Petra, Wadi Rum, Dead Sea, Jerash
Serviced by major hotels: Marriott, Inter-Continental, Le
Meridian, Sheraton, Radisson, Four Seasons, Hyatt
Range of social opportunities: sports (horse riding, scuba
diving, swimming, etc.); social clubs; restaurants, coffee shops
and small cafes for day/evening outings
Many cultural activities: plays, cinemas, concerts and folklore
Jordan’s Enabling Platforms
Jordan’s Enabling Platforms
Development Areas and Zones
King Hussein Business Park (KHBP)
King Hussein Bin Talal Development Area KHBTDA (Mafraq)
Irbid Development Area
Ma’an Development Area (MDA)
Aqaba Special Economic Zone
Industrial Estates
Free Zones
Development Areas Law
The Government of Jordan
(GOJ) enacted a Development
Areas Law in 2008.
This law aims to provides
further streamlining and
enhance quality-of-service in
the delivery of licensing,
permits and the ongoing
procedures necessary for the
operations of site
manufacturers and exporters.
Under the Development Areas Law
Income Tax[1]
5
%
On all taxable income from
activities within the Area
Sales Tax
0
%
On goods sold into (or
within) the Development
Area for use in economic
activities
Import Duties
0
%
On
all
materials,
instruments, machines, etc
to be used in establishing,
constructing
and
equipping an enterprise in
the Area
Social
Tax
0
%
On all income accrued
within the Area or outside
the Kingdom
0
%
On all income accrued
within the Area or outside
the Kingdom
Services
Dividends Tax
1 No income tax on profits from exports
Development Areas Locations
Irbid Development
King Hussein Bin Talal
Area (IDA)
Development Area
KHBTDA (Mafraq)
ICT, Healthcare Middle & Back
Offices, and Research and
Development.
King Hussein Business
Park (KHBP)
Services at the heart of the capital
Industrial Production,
transportation hub, plenty of
opportunities for industrial and
logistics tenants to master
developers and operators
Ma’an Development Area
(MDA)
Industries:
Manufacturing of building and
construction material
Exploitation of renewable
energy (solar and wind)
R&D Development Center for
renewable energies
Exploitation and marketing of
minerals and natural resources
Specialized educational
programs in sciences and
engineering
King Hussain Bin Talal Development Area (Mafraq)
Location
60 km northeast of the capital.
Modern highway network connecting
Jordan, Syria, Iraq, and Saudi Arabia.
Closest access to regional ports.
Adjacent mixed use airport planned by
2010.
Opportunity
Industrial production.
A transportation hub.
Irbid Development Area
Location
Located 80 km north of the capital
4 locally established universities offering
world class engineering programs of study.
Irbid hosts is on the main highway linking
Amman to Syria with an impressive array
of healthcare expertise and service
offerings.
Opportunity:
Information
and
Communication
Technology
Health Care
Research and Development
Ma’an Development Area
Location
Ma’an is 125 km to Saudi Arabia, 200 km to
Amman, and 400 to Iraq.
Direct access to specialized cargo highway that
directly connects Jordan to both Saudi Arabia and
Iraq.
Opportunity:
Area is rich with Silica, Kaolin, Zeolite, Clay and
many other natural resources
MDA spans over 8.75 km² in the vicinity of the city
of Ma’an and is comprised of the following
clusters:
Industrial Park
Residential Community
Skill Development Center
Aqaba Special Economic Zone (ASEZ)
The Achievements Exceeded The Master Plan Target By 133%
$6 Billion
$8
Billion
The Aqaba Special Economic Zone
(ASEZ) is a private sector-driven
development initiative that maximizes
private sector participation in a duty
free, tax-advantaged, and flexible
regulatory operations environment
providing a model approach to
environmentally
sustainable
development and governance.
ASEZ Favorable Business Environment
Multi-sectoral Development Zone
Attractive Incentives offered in ASEZ
A flat 5% income tax on the net profit
Exemption from annual land and building taxes
on utilized property.
Exemption from taxes on distributed dividends
and profits.
Duty-free import of goods in commercial
quantities from the National Customs Territory
No foreign equity restrictions on investments.
No foreign currency restrictions.
Full repatriation of profits and capital.
Streamlined labor and immigration procedures.
Up to 70% foreign labor
100% foreign ownership
Availability of land for lease or sale.
Full guarantees on rights and ownership
Master Planning
Industrial Estates
Offering:
Cost effective land and factory buildings
Reasonable cost of utilities
Comprehensive network of roads and infrastructure
2 year exemption from income and social service tax
Target Industries:
Food Manufacturing
Metal Modeling
Pharmaceutical Production and Cosmetics
Plastic Products
Furniture
Medical Equipment
Engineering, Machinery and Electronics
Construction and Building Materials
Free Zones
Exemptions in Free Zones
Exemption of project profits from income taxes for
goods exported outside the Kingdom as well as transit
trade, in addition to profits accruing from the selling or
transferring of goods inside the borders of the free
zones.
Exemptions for salaries and allowances of nonJordanian employees in projects established in the free
zone from income and social service tax.
Exempting buildings and real estate constructions built
in the free zones from the licensing fees as well as
building and land taxes.
Jordan Investment Board
One stop shop for setting up your business>
Tax and Custom Duties Incentives:
Projects exempted from income & social
services taxes by 25%, 50%, or 75% for 10
years, depending on the location and sector of
project
Imported fixed assets are exempted from
customs duties/taxes
Additional exemption from customs duties
and income tax is granted for the expansion,
modernization, or development of existing
projects
Ease of licensing and registration procedures
Free repatriation of capital, profits and salaries
Main Development Projects
Main Development Projects
Upgrading & Expansion
New Electricity
of Jordan Petroleum
Generation Plants
Refinery
Jordan ‘s Railway Master
Plan
Red Sea to Dead Sea
Aqaba Railway Project
Aqaba Port Re-location
Conveyance Project
Red Sea – Dead Sea Canal
Phase 1: Water transfer from Red Sea to Dead Sea
At a cost of US$1 billion.
Distance : 180 km.
Annual water transfer: 1,900 mcm/yr.
Phase 2: Hydropower and freshwater production
At a cost of US$1-1.5 billion.
Hydroelectric generation capacity.
Reverse osmosis desalination facility.
Freshwater production capacity – 850 mcm/yr.
Phase 3: Freshwater and excess electricity distribution
Cost to be determined.
Freshwater distribution system to demand centers.
Transmission system for sale of energy.
Red Sea – Dead Sea Canal
The World Bank has been commissioned to prepare principles for the Terms of
Reference (TOR) for the project Feasibility Study.
The feasibility study and the environmental impact study will start in March 2008 and
will be completed in March 2010.
Implementation is due to start in 2011.
Aqaba Port Relocation & Development
Estimated Cost: $3 billion.
Objective: Provide an effective and efficient port
services.
Description:
Relocation of the main port area, including
the phosphate terminal to the southern
industrial zone of Aqaba.
Development of the cleared-up main port
area for commercial use.
Construction of a multi-purpose general
cargo terminal in the southern industrial
zone.
Al Ma’bar Company (UAE) has obtained rights
concession to phase two. Cost: $500 million.
Upgrading & Expansion of Jordan Petroleum Refinery
Estimated Cost: $700 million.
Objective: Expand the existing refinery to meet the projected
demand for light and intermediate cleaner oil products. Longterm concession ends February 2008.
Description:
Increasing crude distillation capacity to increase
production.
New reformer and Isomerization units for production
of unleaded gasoline.
Increasing storage capacity.
Adding a sulphur plant, a hydrogen plant and solvent
deasphalter units.
Timeframe: 2006-2008.
New Electricity Generation Plants
Estimated Cost: $4.3 – 5.3 billion.
Objective:
to generate 3740MW to meet the growing local
and regional demand (average annual local
demand growth on electricity is 4.6% annually).
Description:
will be built as an IPP (an electricity production
company independent of public sector control).
the project will be awarded as BOO (Build,
Operate, Own)
Timeframe: 2008 - 2020
Jordan’s Railway Master Plan
Iraq
Border
SYRIA
East-West Lines = 518km
Syria
Border
KHD
Jordan
Z
Mafr
Valley
aq
Zarqa
Irbid
Amman
Customs
Juweida House
Q Alia Airport
Potential
Potash Link
Saudi Arabia
Border
Al Qatrana
North-South Line = 564km
Al Hasa
JORDAN
Shidiya
Network total ≈ 1086km
SAUDI ARABIA
Aqaba New Port
The railway network would
comprise a “core” standard-gauge
network consisting of:
North - South Railway (NSR)
Syrian Border-Aqaba
East - West Railway (EWR)
Iraqi Border to Saudi Arabia.
This “core railway” might be
supplemented by other domestic
rail lines.
Ma’an
Aqaba
IRAQ
Potential Saudi Link
Rail will provide a net benefit to
Jordan. It should be developed as
BOT, with government subsidy, to
begin operation within 4 years
Aqaba Railway Project
Description: Aqaba Railway Corporation (ARC), a public
corporation presently operates railway services for the
transport of phosphate rock from the various mines to
Aqaba port for export purposes.
Objective: transport phosphate and other goods from
Jordan Phosphate Mines Company (JPMC) to Aqaba port
for export.
Privatization Steps:
Preparing a new law for the abolition of ARC.
Evaluating all ARC assets and liabilities.
Preparing a Draft transport agreement between
JPMC and the new company.
Finalizing necessary documentation required for the
establishment and registration of the new company.
Engines of Growth & Business
Engines of Growth & Business
Industry
Pharmaceuticals
Mineral and Mining
Cosmetics
Agro-Food
Textiles
Building and Construction
Materials
Electrical and Engineering
Goods
Automotive
Services
Tourism
Health
Information and
Communication
Technology
Infrastructure, Utilities & PPP
Energy
Private- Public
Partnerships (PPP)
Pharmaceuticals
Renowned Jordanian Pharmaceutical
Products are exported to more than
66 countries around the world
Investment volume of $700 million.
Exports increased by 42% from 2006
to 2007 to reach around 500 m. USD
(target 1 b. in 2012).
Largest Arab exporter.
18 major investments employing
8,000 high caliber employees.
Compliant with intellectual property
rights protection.
Available supporting infrastructure:
11 universities in para-medical
subjects, 8 pharmaceutical colleges, 4
clinical research organizations, and
101 hospitals.
Increased investment in R&D (Clinical
Trial Law).
Minerals and Processing Industries
Jordan is rich in minerals resources that
are viable for many downstream industries
from phosphate, potash, silica, uranium,
copper and many others.
Jordan phosphate reserves, estimated at
4% of total world reserves, are predicted
to last about 300 years at current
extraction levels.
Mineral Extraction Revenues (JD) 2006
250,000,000
200,000,000
150,000,000
100,000,000
50,000,000
po
ta
sh
ph
at
e
ph
os
in
e
m
Br
o
at
e
um
lci
ca
D
im
en
sio
ca
r
n
bo
n
st
on
e
bl
e
ar
M
Ag
gr
e
ga
te
0
Export
Local
Mining Sector output reached 926 m.
USD in 2006.
Exports grow at an average of 5%
annually comprising 28% of Jordanian
exports.
Large pool of skilled labour of more
than 7000 employees.
60,000 Engineers
Minerals extractions industries
average annual growth rate (AAGR)
was 13.4% during 2002-2006.
Foreigners can invest in mineral
resources under special agreements
and own up to 100% of mining
projects.
Dead Sea Cosmetics
The Dead Sea offers a tranquil natural
environment, world-renowned mineral
water and therapeutic black mud.
Unique products of Dead Sea which have
more than 35 minerals.
There are 20 producing companies
exporting to more than 65 countries.
Jordan has its share of dead sea product
manufacturers, which are achieving
recognition as these products begin to
filter onto European high streets.
Opportunity lies in marketing dead sea
products to consumers in Europe, e.g.
OEM.
Construction & Building Materials
Growing Population and booming construction
Infrastructure and industrial development
projects are currently estimated to be a value of
USD 1 trillion.
Jordan possesses significant mineral resources
used in the construction industry such as building
and ornamental stones (including marble),
cement raw materials, sand, gravel, crushed stone
and natural sand and others.
Jordan is reputable with working with metal and
producing metal.
Existing industry cluster of around 5,000 facilities.
Availability of large and skilled labour fore
including 60,000 engineers.
Jordanian universities graduate 5,000 engineers
annually.
Electrical and Engineering Goods Industry
Electronic appliances and machinery exports
reached 720 m. USD in 2007, representing a
51% increase from 2006.
Jordan adopted the International Electrotechnical Commission (IEC) standards in
August 2005.
Sector employs more than 50,000.
Products: Television Sets, Refrigerators,
Freezers, Microwave Ovens, Washing
Machines, Room Air Conditioners, Vacuum
Cleaners, Small Home Appliances.
Opportunities:
Assembly plants, R&D and partnership
opportunities for niche technologies.
Agro-Food
The Jordan Valley offers rich and fertile soil
with unique climate to the entire region.
Jordan is the 8th producer of Olive oil
worldwide.
Absolute demand is driven by rapid
population growth and growing number
of tourists in Jordan and the region.
Food and Beverage annual production
reached 1.7 b. USD in 2006 representing a
13% increase from 2005.
Opportunities
Production of water efficient
crops
Production for the Middle East
Grading, packing, cooling and
fumigation of high value crops
such as medical and aromatic
plants, fruits, and trees.
Organic farming
Expansion
of
flower
and
ornamental plant production for
global markets
Production of animal feed
Utilization of by products of date
palms in the manufacture of
containers.
Textiles & Apparels Sector
Textile, leather and jewellery exports
reached $1.8 billion in 2006,
compared to $0.2 billion in 2000
achieving a net growth of over 200%
in export levels in the past several
years.
Sector employs over 24,000 people.
Products have duty-free access to
major markets especially the US
market.
GAP, Liz Claiborne, Calvin Klein,
Tommy Hilfiger, New York Laundry,
and many more chose to take
advantage of Jordan’s manufacturing
privileges…
Automotive Industry
The Automotive and automotive components industry is
a dynamic industry active since 1970s.
There are 17 companies that manufacture vehicles
and their parts; 14 out of which export at least %75
of their production.
Investment opportunities in the automotive
aftermarket with car park growth rates averaging
10% per annum.
Partnership opportunities with local players
operating in niche segments of the market (buses,
trailers, CAD-CAM, etc)
Cost manufacturing platform for car components/car
assembly serving rapidly growing Middle East market.
Highly competitive costs with average manufacturing
staff salaries around 60% lower than GCC.
Tourism Sector
Unique Destination Advantages : Home for one of the New Seven Wonders of the
World, 6World Heritage Sites, Biblical and Holy Land, Land of Adventure, and much
more…
Real Demand growth is at an increasing rate of 5.5%-7.5% (0.01% of total world
demand).
6.5 million tourists visited Jordan in 2007 (3.4 are over-night tourists)
Soaring sector revenues, recorded growth of 120% in the past 5 years, reaching
revenues of USD 2.3 billion (2007).
Tourism sector composes 11.5% of GDP.
The sector employed more than 24,000 people in 2007
Growing capital investments in sector, 19.6% of total investments (2006)
Available and growing tourism services
Information & Communication Technology
Since 2002, Jordan’s ICT industry ranks amongst the top 3 for the highest annual
FDI achieved
Sector revenues for telecom and IT have more than doubled over the last five years
going from $450 million in 2000 to $1.2 billion in 2006. Forecasts for the next five
years suggest similar growth rates.
IT workforce currently stands at around 18,000 and is poised to grow at more than
15% annually. Wages are considered to be one of the most competitive in the
region.
Size of industry: 12% of GDP.
The ICT industry has been given a high priority by the Government and has the
personal support of His Majesty King Abdullah II
Export growth: $200 million in 2007 increase of 174% on 2003 figures.
IT Specialization: Software development, e-learning, Arabization, System
integration, Networking systems and management.
Healthcare
Medical Tourism Center for the region.
More than 130,000 medical tourists in 2006.
Annual revenues from incoming foreign
patients $650 million.
According to the Arab World Competitiveness
Report 2007, Jordan scored 6.4 out of 7 in
terms of health care and primary education.
Expenditure of health sector: 6.1% of the
government budget.
101 hospitals and 24.5 physicians per 10,000
population.
Unique spas and health resorts: Dead Sea and
natural hot springs in Ma’in, Himme and Zara.
Energy Sector
Jordan’s currently has no indigenous sources of energy, in order to achieve security
of supply the government developed the Energy Master Plan 2007- 2020.
The dependency on imported oil will be reduced by:
Enhancing renewable energy projects.
Implementing intensive energy efficiency programs.
Utilizing oil shale to generate electricity and produce oil.
Generating electricity from nuclear energy.
Developing local sources of Natural Gas
Infrastructure, Utilities->Energy- Privatization and PPP
Energy Sector
According to the Master Plan the required investment in the energy sector is around
$14-18 billion over the period (2007-2020)
Energy Sector – Renewable Energy
Solar Energy
Abundance of sunshine of 300 days a year.
Horizontal surfaces ranging from 5-7 Kwh/m sq.
Desert terrain famous for sandstorms and strong
solar energy radiation levels.
Cost competitive research and environmental
development opportunity and land values.
Wind Energy
Jordan retains a high potential of wind energy
generation with ideal locations possessing wind
speed of more than 7 mps, compared to the 4.5
mps for effective wind power generation.
Energy Sector - Oil Shale
The 3rd Largest Deposit in the World…
Oil Shale reserves in Jordan (deep and shallow) are estimated at more than 40
billion metric tons.
The Government of Jordan and Shell Company signed a Concession Agreement
to explore and produce deep oil shale over the next 12-18 years.
Brazilian Petrobras and the Jordanian partner Kawar Group signed an MOU with
the government of Jordan to explore, appraise and exploit Oil Shale in Jordan.
The project is estimated at a value of USD 3.5 Billion and is expected to produce
up to a 100,000 barrels per day
.
Energy Sector – Nuclear Power
Areas of Uranium Deposits
Central
Jordan
Source: Jordan Atomic Energy Commission
5% of the World’s Total Estimated
Reserves of Uranium
Jordan possesses an estimate of
140,000 tons of uranium.
There are numerous indicators
for deposits but much is still
unexplored.
Only Central Jordan has been
somewhat
explored
with
estimates of nearly 70,000
metric tonnes.
Jordan is currently working
forward to build its first nuclear
plant by 2015.
Energy Sector – Nuclear Cooperation
Engaged the following countries and explored with them
opportunities of nuclear cooperation for peaceful purposes:
USA
Canada
France
Russia
China
UK
South Korea
Romania
Spain
Argentina
Japan
Signed NCA with France, China, South Korea and Canada
Expected to sign NCAs with Russia and UK in Q2-2009
Ongoing negotiations with USA , Japan, Argentina and
Romania
Energy Sector - Opportunities
Oil:
Oil Exploration.
Crude
Oil
Transportation
Infrastructure.
Oil Refining.
Distribution
of
Refined
Products.
Gas:
Gas Exploration.
Development of Risha Gas Field
and infrastructure.
Development
of
Gas
Distribution Networks.
Electricity:
Electricity Generation Plants.
Electricity Distribution.
JIB Investment Map Pre- feasibility studies
available:
Concentrated Solar Power Generation
Project
District Energy Company
Turnkey Solar Equipment Packager
Quality Solar Water Heating Systems
Thermochemical Energy Storage
Wind Powered Electricity Facility Wadi
Araba
Infrastructure Projects
Jordan’s expected overall infrastructure spending averages around $750 million
to $1.1 billion a year through 2015.
At least $100-200 million is we forecasted to come from private investors.
Infrastructure Projects in:
Waste Water and Sanitation
Energy
Transport
Municipal Services
Education and Health
Tourism
Water Recycling and
management
Jordan Investment Map – Chemical Sector
Chemicals
Project Name
Polysilicon Production
Plant
Silicon Metal Production
Project
Plate Glass Factory
Packaged Industrial
Waste Water Treatment
Plants
Disinfectant Production
Automated Solar cell
production project
Value
JOD 225M
JOD 86M
JOD 80M
JOD 1015M
JOD11M
JOD 10M
Description
Design, installation and operation of a silicon manufacturing plant (up to 3,000 tons per year capacity) –
to supply silicon for manufacture of PV panels and silicon chips. Silicon fume is a by product that is used
in ready mix concrete. There are different proprietary production technologies that could be used in
the production process.
A silicon metal production plant situated at Ras Al-Naqab, 65km from Aqaba Port in the southern part of
Jordan, which has one of the world’s best-known sources for high quality silica sand deposits, with a
modern silica production plant with annual capacity of 530,000 metric tons, close proximity to the main
natural gas transit pipeline, and access to a prime source of water supply.
Development and implementation of 700 tons per day factory. Based on experience elsewhere, the
factory would cost approximately JOD 80 million and enable production of high quality float glass for
export to the Middle East and elsewhere.
A joint venture or direct investment in turnkey water technology plant fabrication and assembly unit
specifically targeting Jordanian industrial waste water conditions with a focus on providing membrane
based water treatment
Chemical Disinfectant related business involving the potential production and mixing of chemicals,
wholesale marketing and representation of a large global branded disinfectant producer. The level of
investment may vary significantly depending on the outcome of the pre-feasibility study.
Attracting a major solar panel manufacturer to set up an advanced automated assembly and production
unit in Jordan in the range of one 25-50MWp production line. Such a facility will offer a comprehensive
range of PV modules for grid connected as well off-grid applications and allow for custom modules
Jordan Investment Map – ICT Sector
Information Technology
Project Name
Value
Jordan Digital Oasis
JOD 500M
Yellow Pages Investment
Project
JOD100M
ICT Technical Solutions
Provider
Fixed Wireless WiMAX
Provider
Virtual Reality Shows for
Heritage Sites
Software R&D and
Product Test House
Description
Commercial Development (BTO) Authority with the ability to manage a large business development
park for the ICT industry. The site may also provide incubation units for start-up companies. This could
be subject to an agreement with the MoICT. The initial investment, as part of a multi-phase approach,
will be procurement of land, building construction, and supporting infrastructure. Working capital will
be needed to market and develop operations.
Sale of the yellow pages directory together with non-compete clause to a specialist operator for
development of internet based services from the traditional yellow and white pages telephone
directories, including telephone number inquiries service.
JOD 10M
Hardware solutions and technical services provider. Similar international scale as Cisco with a full range
of hardware options, training and technical support services to back up their hardware equipment.
JOD 12M
Set up a service provider business dedicated to certain region and (similar to MenaTelecom project for
Bahrain). Business model is a service integrator organization providing turnkey WiMax package to
Operators in Jordan.
JOD10M
Development and installation of a state of the art virtual reality facility adjacent to the ancient Roman
ruins of Jerash, to take advantage of the enormous scale and variety of activities that were undertaken
on this site. The facility will be geared to service the tourist market and would be similar to the VR
facility developed for the Agora in Athens.
JOD 2-10M
The business will undertake contract software development and testing and will require suitable
infrastructure, equipment and accommodation to house a number of analysts and programmers. The
target market for the finished product will be the MENA region for existing English language software
converted for Arabic Use.
Jordan Investment Map – Energy Sector
Energy
Project Name
Value
Wind powered Electricity JOD 1754M
Generation Wadi Araba
Environment Waste
Management company
JOD35M
CSP Power Generation
JOD 30M
Gas Station Franchise
JOD 20M
Packaged Industrial
Waste Water Treatment
Plants
JOD1015M
Thermo-Chemical Energy
JOD 10M
Storage Company
Description
The development and operation of a wind farm [25 - 30 MW] at [Site Wadi Araba] that generates and
supplies electricity to the national grid. The Project would readily fit into the existing electricity supply
chain as an Independent Power Producer (IPP) or Public Private Partnership (PPP). The Wadi Araba site
could be implemented with [30] MW at estimated capital cost of [US$800 to US$1,000] / kW (Total
Cost JD 17+ million) and eventually expand to 100 MW.
Environmental Waste Management Company, with the technical knowledge and potential to develop
into a regional company, managing Jordan’s waste management and environmental needs. The
investment will be in; office and vehicle premises, capital equipment, building of recycling facilities,
compression techniques, laboratory facilities for testing, transport and handling equipment, personnel
and training.
This is a design and build venture that is sited on desert land that has little alternative use. The facility
produces DC electricity that can either be used in DC electric processes (eg electrolysis) or transformed
to AC for grid supply.
A business capable of maintaining and improving the existing gas station asset base and further develop
the retail outlet opportunities to their maximum potential. Introducing a more competitive alternative
to the existing market by procuring products and services from the most competitive source. The total
downstream investment is anticipated at $100M.
A joint venture or direct investment in turnkey water technology plant fabrication and assembly unit
specifically targeting Jordanian industrial waste water conditions with a focus on providing membrane
based water treatment
Thermochemical Energy Storage Company to identify and produce cost effective energy storage
projects and products, initially within Jordan, and in the longer term to exploit know how and expertise
for exports to other MENA countries. ZAE Bayer (Germany) is not necessarily a competitor but one of a
number of potential collaborators. They have known how and experience to look at a suitable joint
venture or knowledge transfer partnership.
Jordan Investment Map – Construction Sector
Construction
Project Name
Modular Building
Material producer and
supplier
DIY and Trade
Warehouse
Steel Structure Supplier
Value
JOD 50M
JOD35M
JOD 15M
Description
A composite panel manufacturing facility and provider of structural building materials to facilitate prefabrication of commercial, retails and industrial buildings. The business will also provide resources and
expertise to support use of building panels by the construction sector. This facility will require capital
investment in automated equipment, storage and distribution facilities estimated to be in the region of
JoD50M to JoD75M depending on capacity.
The opportunity exists for a DIY Warehouse company, with the ability to design, build and operate a
large warehouse facility and control and manage the logistical needs of the supply chain. The initial
investment will be in warehouse stores, infrastructure, recruitment, training and working capital.
A steel fabrication and installation business, capable of design and fabricating steel poles and barriers.
The poles will need to have a number of lighting accessories which could be proprietary or imported
items but the installation capability will need to be bespoke. The investment will be in industrial
premises for a design office, material storage facilities, fabrication shop requiring presses and welding
equipment, transport and handling equipment. Recruitment will be needed for design, installation and
welding personnel.
The Jordan Investment Map – Construction Sector
Construction
Project Name
Value
Insulated Building Panel
Manufacture
JOD 7.5M
High Density Insulation
JOD 7.5M
Concrete Steel
Reinforcement and
Accessories
JOD 3M
Description
Composite low cost panel manufacturing facility to the industrial sector. The business will provide the
basic resources and expertise to support the construction sector. This will be a relatively low capital
investment in automated proprietary equipment, with limited storage and distribution facilities. Initial
investment is likely to be in the region of JoD5M to JoD7.5M depending on the range of products
selected, and housing of the equipment
A continuous thermal manufacturing facility, conveying systems, ingredient mixing, heating and curing
process
Development and operation of a concrete steel mesh fabrication plant and supplier of pre-fabricated
reinforcing material to the construction industry. The business will require some investment in terms of
bending and spot welding equipment and knowledge of the construction industry in Jordan. Welding
equipment costs some JoD75k from Europe. The business could be replicated in other regions.
The Jordan Investment Map – Tourism Sector
Tourism
Project Name
Amman Leisure
Company
Value
JOD 100M
Mountain Forest Resort
JOD 100M
Complex in North Jordan
Safari Park
Desert Highway Motel
and Mixed Retail
Southern Region
JOD 2575M
JOD 25M
Description
National or International Theme Park Business, with a wealth of experience and the ability to
design, construct and manage a large theme park. The business will already have sponsorship
partners to assist in funding the project. The park will have accommodation and hotel themes
to suit families at an economic price. The level of investment could be endless but mostly
associated with capital equipment and real estate
The planned development of a mountain-style resort comprised of individual units, motel units
and condominium-style multi-units. (Target 300 rentable rooms, villas and apartments). The
resort would need to leverage Jordan’s forests, cooler summer climate and natural
surroundings in a managed community setting. The investment would have a heavy real estate
component however; the product is more a quality of life and quality of experience. Features
common in many managed communities (like those in Saudi Arabia and UAE) would need to be
present at an appropriate price point. Entertainment options for families and children should
also be present and should be included in all of the marketing and promotion materials.
Safari park, with a 200 hectare estate, operated on the same basis as a zoo, selection of species
suited to the habitat with suitable containment, zoological facilities, qualified and trained staff,
and a mixture of retail and entertainment facilities. The investment is likely to be in distinct
phases. If the concept is fully developed the investment is likely to significant.
Building and operation of a 3 star accommodation, rest area, mixed retail and automotive
servicing area along the desert highway between Aqaba and Ma’an. Initially with 100 rooms
and the capacity to expand, this tourism investment needs to cater to the needs primarily
focus on catering to the needs MENA / GCC residents and their families. What would be critical
is the combination of well-planned retailing (along the lines of outlet malls in the US) and
suitably-priced accommodations that would be appropriate for transit travelers throughout the
year. During the off-season, the retailing operations would need to act as a draw to maintain
occupancy rates.
The Jordan Investment Map – Tourism Sector
Tourism
Project Name
Value
Jerash Historic Site,
Museum & Lodge
JOD 20M
Ajloun Castle
JOD 20M
Description
This is the identification and implementation of the most creative and rewarding plan for
upgrading and maintaining Jerash as a key heritage site (potential PPP). Step 1: is to conduct
an international competition to develop a theme and long term vision for Jerash; Step 2: is to
structure a commercial framework for site improvement / commercialization in return for the
rights for management in a way that aligns the interests of the stake-holders: a high quality
experience for customers, site development and protection for posterity, and returns for the
operator with spin-off benefits for the local community and the Government. The competition
to be for ideas to improve the tourist experience with guaranteed levels of investment and site
protection in return for rights to comprehensively manage the site for 30 years.
Operation of all commercial visitor services on the site, including the building and operation of
lodge-styled accommodations (off-site) and leases for several small restaurants / cafes and an
events venue (within the castle grounds near the promontory itself). The services include a
basic array of interpretation services, interpretative displays, retailing of Jordan-produced
merchandise, entertainment and the staging of regular thematic events for local, regional and
international tourists. Revenue enhancing services including the renting of appropriate
portions of the castle for special events can be incorporated into the business plan. The Ajloun
Castle should be operated as a showpiece and focal point for several types of thematic tours –
crusader, religious, and cultural-heritage. The area should also serve as an alternative
summering location point for GCC residents.
Jordan Investment Map – Education Sector
Education
Project Name
Value
Medical School and
Educational Hospital
JOD 7090M
International Prestigious
Business School
JOD 25M
Teacher Training College
JOD 25M
Children's Educational
Materials Supplier
JOD 11M
Description
An accredited and internationally affiliated medical school associated with an educational
hospital and offering Medical Bachelor and Bachelor of Surgery (MBBS) as well as Higher
speciality and M.D degrees. The school and hospital would be located within a complex with a
capacity of around 1,000 students in all programs. The school is estimated to employ around
200 academic staff. The educational hospital is estimated to have a 150 rooms with clinical
staff estimated to include approximately 170 active medical and dental staff, as well as 140
residents and fellows, 200 nursing and patient personnel as well as 900 other full and part-time
employees.
Development of a prestigious Business School affiliated with an international school such as
Harvard Business School (HBS). The school will provide the setting and quality of education
sought by professionals, executives, and CEOs planning to move forward with their education
and acquire the understanding and tools needed to improve their business skills. The
investment will be in suitable premises, infrastructure, and acquisition of teaching staff
National Teaching Colleague accredited to an approved authority. The colleague would provide
the students with class room experience and methods of teaching and management for a
professional future. The colleague would need suitable premises and by well equipped to cover
the necessary subjects and national curriculum
A developer / publisher of children’s educational material focused on requirements of children
aged 4 years to 10 years. The business will develop, produce and sell educational books,
teachers’ resources, study programs, course designs etc in various media: books, inter-active
DVDs, CDs and the internet. The products will be aimed at the regional market for products
that meet Arab students’ needs, including modules for study of other languages. Production
will be outsourced to Jordan’s existing publishing and printing industry. The investment
requirement is for recruiting accomplished educators to prepare content, and business
managers for marketing, acquiring premises, implementation of business systems, and in
establishing sales and distribution channels.
The Jordan Investment Map – Health Sector
Health
Project Name
Value
Surgical Transplant
Center
JOD 50M
Orthopedic Specialty
Hospital
JOD 4550M
Cardiac Surgical Hospital
JOD 40M
Description
An accredited, progressive and multidisciplinary surgical transplant center which provides both
medical and surgical care to its patients. The center will provide a comprehensive program for
patients in need of complex surgical transplant surgeries which may include cornea
transplants, bone marrow, kidney, liver, heart, and lung transplants…etc. The center will be
equipped with state-of-the-art facilities in the operating rooms and transplant intensive care
units. The centre will also contain a consultation unit with examination and consultation suites,
minor procedure rooms, an outpatient pharmacy, faculty physician offices, and multi-level
parking areas.
The development and operation of an orthopedic hospital providing routine and specialist
orthopedic, rheumatologic and rehabilitation care services. Trained professionals and
specialists will use the latest procedures including pre-surgery consultation and customized
treatments. The services may include computer assisted surgery and microsurgery for hip &
knee replacement, hand and upper extremity, shoulder & elbow, spine, foot & ankle surgeries;
sports medicine, trauma & fracture, pediatrics, limb reconstruction, physical medicine and
general orthopedics. The establishment would spread over (80,000 – 100,000) square meters
of land, and 2-3 story buildings in addition to residential accommodation for staff and parking
for 300 cars.
This is the development and construction of a private cardiac surgery hospital at an estimated
cost of $40M. The facility would be dedicated to care for cardiac patients and their families
and be part of a network of dedicated surgical facilities or stand on its own right. All surgical
facilities are currently embedded in traditional hospitals, so the current supply chain already
exists together with the skills to support a niche medical sector wishing to move in this
direction. There are good relationships between Jordan’s Healthcare sector and other
International Medical Centers. Jordan remains the leader in Cardiological Screening and
treatment in the region.
The Jordan Investment Map – Health Sector
Medical
Project Name
Value
Rehabilitation Center
JOD 35M
Children's Hospital
JOD 25M
Biotechnology
Components for Clinical
Diagnostic Kits
JOD 20M
Description
Development of a rehabilitation center which provides treatment of alcohol, and other drug,
addictions to those in need of rehabilitation. The center will have a non-institutional, home-like
atmosphere combined with individualized treatment to make the patients' experience
exceptional. Each of the facilities shall provide gender and age specific programs to assist
patients in the management of specific life problems. The center shall provide its patients with
unique offerings specific to their individual cases.
The establishment of a world class children's hospital with good value medical expertise. The
hospital will hire physicians and nurses providing everything from routine well-baby exams to
pediatric specialists in all medical disciplines. The hospital will be readily equipped to
accommodate the children and their caretakers. The hospital is estimated to have 100 rooms
with clinical staff estimated to include approximately 150 active medical and dental staff, 120
residents and fellows, 200 nursing and patient personnel and 900 other full and part-time
employees. The concept is similar to that of the Children's Hospital in Boston
(http://www.childrenshospital.org/ ).
The current business is the supply of patented test kits that are protected by more than 20
patents at various stages of approval. The new business is the backward integration by the
diagnostic test kit manufacturers into production of antibodies and antigens using
biotechnology. The antibodies and antigens are raw materials that represent the largest single
cost in the production of diagnostic test kits. These raw materials are currently all imported
and their production in Jordan will involve investment in new production line facilities. The
ability to produce these materials will reduce manufacturing costs by approximately one half
and strengthen the companies’ ability to export their test kits.
Jordan Investment Map – Pharmaceuticals Sector
Pharmaceuticals
Project Name
Value
Insulin Non Injectables
JOD 1220M
Intravenous Fluid
producer
JOD 15M
Freeze Dry Biological
Drug producer
JOD 10M
Intravenous and Urine
bag producer
JOD 5-8M
Contract Research
Organization
JOD 5M
Description
Pharmaceutical company with the expertise and ability to manage a production facility for the
filling and finishing of non injectable drugs for the medical sector. Investment will be needed
in premises, infrastructure, clean room environment and process equipment.
Potential diversification opportunity for a Jordanian Pharmaceutical Company or a new entrant
into Jordan. The technology is well understood, uses local water sources, and blow/fill/seal
(BSF) aseptic packaging. The business will seek to obtain technology transfer and knowledge
from an existing producer. A typical company to approach would be SBT Technology. Inc. part
of World Development Group. The facility will ideally be designed having capacity to produce
IV solutions for a wide variety of therapies, anti-biotic, anti-inflammatory and others.
Investment in freeze drying facilities will require JD10 – 15M based upon a Y2005 facility in
Germany for a Follicle Stimulated Hormone (FSH) product. Ideally this business will be a joint
Jordanian venture company wishing to acquire freeze dry technology and extend from pharma
into the biotechnology field. The freeze drying technology itself is commercially available and
therefore the key is identifying a suitable drug application and market. This facility could also
be used for contract product development.
A possible joint venture between an existing medical equipment provider and a plastics
producer. The producer will need the capability and necessary understanding and
management commitment to move into the medical sector and produce a quality product for a
clinical environment. The investment is likely to be based on creating clean manufacturing
conditions and production equipment. Large volume plastic bag production machines can cost
up to US$2.5M
Although this opportunity is open to new entrants into Jordan, the business would ideally be
formulated by developing and adding value to an existing research facility in order to save
costs. The necessary investment would be in infrastructure, ICT, training and working capital.
Approximately JD5M over a five year period. A collaborative agreement or JV maybe more
attractive in providing access to the broader geographical markets.
Jordan Investment Map – Agriculture Sector
Agriculture
Project Name
Value
Tractor Assembly Plant
JOD 20M
Range and Land sheep
J0D 5M
Post Harvest Activities
Seawater Greenhouse
JOD 8M
JOD 2M
Description
Tractor assembly facility designed to produce (within 5 years) 3,000 tractors per annum, will
include a test and demonstration site - roughly 50 acres, initial building requirements 120,000
sq ft for assembly and painting of the vehicles, plus ‘cranage’ of up to 5 tons capacity. Office
space and infrastructure requirements plus recruitment, training of personnel, and working
capital.
This is the establishment of a 2,000 (minimum) breeding ewes sheep farm on range land. The
farm would be structured along the lines of best performing sheep farms elsewhere – such as
in the UK, Australia or New Zealand. The entire project will be developed in close consultation
with affected stakeholders in the area, as their current activities will be affected and their
support by ensuring equitable settlements and results will be critical.
Fruit packing and marketing business that is fully integrated with on farm (orchard) activities of
participating farmers. The business will manage and own the necessary post harvest facilities
needed to process, store, package and market produce internationally.
A market garden business based on horticultural crops grown in seawater greenhouses. The
technology and ‘know how’ used to operate the irrigation systems will need to be acquired
from the licensor. A full feasibility study will cost JoD140K for a 1,000m2 greenhouse. The
second phase is likely to be in access of 400 hectors (1 hector = 10,000m2) and involve
investment of JD 2m
The Jordan Investment Map – Food & Beverage Sector
Food and Beverages
Project Name
Value
Description
Sugar Refinery
JOD 40100M
Sun Dried Tomato
Processing Company
JD8-12M
Sugar refinery, using centrifuge separation techniques, with solutions of phosphoric acid and
calcium hydroxide, together with boiling and distillation equipment. A capital intensive
business, the investment will be subject to plant size, minimum JD40M
Sun dried tomato producing and bottling factory, capital intensive, requiring marketing and
sales capability. Supply chain will be required for the raw materials and support services.
Slaughter and Meat
Processor
JOD 2050M
An animal slaughter house and food processing facility that would be combine automated and
manual processes. The business would be a capital intensive operation located close to the
supply of animals and having access to the national road network for distribution
Frozen and chilled ready
meals
JOD 1520M
Cool store Facility
JD10M
Warehouse Freezing
Facility
JOD 10M
The establishment of a ready meal food processing company which will produce, package and
freeze Arabic food for reheating. Selection will cover various popular traditional meals from
the MENA region and will be presented in convenient microwave safe packaging. Recipes will
include local produce and traditional spices, with all the goodness and taste of homemade
cooking. All meals will meet FDA international standards. Arabic cuisine ‘ready meals’ will be
targeted to the international and domestic market. Investment will be needed for premises,
infrastructure, processing equipment, freezing and packaging facilities.
Construction and operation of a chilled warehouse, storage, and distribution facility, with
refrigeration plant, storage, handling, and ERP capability. In addition, the warehouse will own
and operate a small fleet of haulage trailers with refrigerated equipment. Maintenance could
be handled in house and/or outsourced, depending on scale.
A joint venture or entrepreneur with a freezing factory and a distribution point for frozen
vegetables, meat and potential to progress into production of ready meals. Subject to skilled
development this could develop into a large frozen retail opportunity.
Jordan Investment Map – Textiles & Apparels Sector
Textile /Apparel
Project Name
Value
Healthcare Clothing
Manufacturer
JOD 15
Geotextiles Material
Manufacturer
JD15M
Textile Recycling and
processing
JOD 5-1015M
Garment and Apparel
Market
JOD 1M
Description
Setting up a reliable and innovative manufacturer of protective clothing for the Healthcare
sector in Al Hassan Industrial City. The facility will produce a range of clothing and accessories
aimed at the Nursing/Care sector, including doctors, opticians, veterinarians, laboratory
technicians and other similar occupations. All garments are to be manufactured using high
quality fabrics such as Nonwoven materials, Plastics, Paper, Polyester, Rubber...etc and are to
be availed for customers in a wide range of colours. Special anti-bacterial fabric and technical
fabrics are to be utilized in the manufacturing process as well. Specialising in disposables such
as Head Wears, Face Wears, Body Wears, Hand Wears, Foot Wears, Beddings, and
Accessories.
Geotextiles manufacturer, with the know how to set up a manufacturing facility in Jordan. This
will be a capital intensive investment, requiring the support of the engineering sector supply
chain.
A collection, transport, sorting, and processing facility. Requires investment in property
infrastructure, computer aided sorting and processing equipment, haulage, transport and
personnel costs
Apparel retail organisation with the ability to organise and development a combined indoor
and outdoor market. The investment will be in the property development and facilities
management.
Thank you for taking the time to view the presentation.
Please do not hesitate to contact us for any further information or any
clarification.
Jordan Investment Board
P. O. Box: 893
Amman-11821-Jordan
Tel: 962 6 5608400
Fax: 962 6 5608427
www.jordaninvestment.com
[email protected]
Descargar

Slide 1