Jordan ICT

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The information and communication technology (ICT) sector is looking to further expand its reach across the region, with the giant Saudi market firmly in its sights -- though there have been suggestions that the congested domestic industry needs to consolidate to better equip it for overseas conquest.

A regional cable network (RCN) earmarked for completion later this year, together with a new, national five-year strategy for the information and communications technology (ICT) sector, will act as the key drivers in Jordan’s efforts to reinvigorate growth levels in the industry.

The recent ranking of Amman as one of the world’s top cities for internet start-ups has highlighted Jordan’s success in the IT sector. The list, compiled by Rachid Sefrioui, the founder of venture capital firm Finaventures, ranked 10 cities on the basis of availability of talent, infrastructure and capital, legal environment and evidence of entrepreneurship.

With low prices translating into sustained growth in subscriber numbers, Jordan’s highly competitive mobile phone market now has a penetration rate of over 108%. To keep that number increasing, industry players are calling for a sales tax on smartphones to be rescinded, while also launching new mobile phone-based services.

Significant progress has been made on the goals set out for Jordan’s information and communications technology (ICT) sector to reach by the end of 2011, with internet penetration rates, foreign direct investment (FDI) and revenues all increasing, even as government spending declines. Expanded plans for the sector for the 2010-16 period should be finalised by the end of this year.

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