Regulatory reforms introduced in 2016 should draw investors to help carry out a large, state-led project pipeline, with clean and alternative energy among the industries benefitting.
Jordan
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Year-end tourism figures released by the Jordanian authorities suggest the sector is stabilising after a contraction across a number of indicators in 2015, with several government initiatives expected to facilitate further improvements this year.
A recently launched roadmap for the development of Jordan’s ICT sector aims to attract capital inflows on the back of recent government moves to reduce the tax burden on companies operating in the industry.
Despite high levels of government debt and the costs associated with hosting hundreds of thousands of refugees, Jordan’s economy has continued to demonstrate remarkable resilience in the face of ongoing regional instability. A raft of far-reaching reforms introduced in 2016, along with newly brokered international agreements, should help the kingdom continue along its slow but steady growth path in the years ahead.
Articles & Analysis | Rest easy: AMMAN from The Report: Jordan 2016
CROWNE PLAZA AMMAN 6th Circle, King Faisal bin Abdul Aziz Street PO Box 950555 Amman 11195 T: (+962) 6551 0001 F: (+962) 6551 0003 www.crowneplaza.com info.cpamman@ihg.com Rooms: 279 rooms and suites. Business & Conference Facilities: Eight banquet rooms, including a grand ballroom and royal tent, accommodating up to 1000 guests and...
Articles & Analysis | Useful information for business and leisure travellers from The Report: Jordan 2016
NATIONAL CHARACTER: The people of Jordan are renowned for their hospitality. Most people go out of their way to assist visitors, and making friends with local Jordanians is relatively easy.