As a share of the overall economy, information and communications technology (ICT) stands out as one of the most productive sectors in Jordan. ICT accounts for the largest share of GDP per worker, generating 14.1% of the kingdom’s GDP, while directly employing just 1.23% of the workforce. The comparably large tourism sector, which generated 14.3% of...
A large number of privatisations were undertaken in Jordan between the mid-1990s and mid-2000s, includ-ing the sale of several large stakes in major industrial firms, notably in the phosphates and potash sectors. Many years after their completion, such sell-offs remain controversial, facing ongoing opposition from employ-ees of some of the companies...
Although the domestic market for IT products has grown in the past few years, the National Information and Communications Technology (ICT) Strategy 2013-17 recognises that supporting expansion will require a renewed focus on exports. The kingdom’s companies have been quite successful in marketing their wares abroad. Export revenues rose from just...
Tourism has long provided a steady flow of revenues to Jordan’s economy, with the sector accounting for 13% of GDP. In 2012 the kingdom’s tourism industry rebounded nicely; tourism receipts increased 15.3% year-on-year from JD2.13bn ($3bn) in 2011 to JD2.46bn ($3.46bn) in 2012. While much of this boost in the sector can be attributed to the...
Treatment. “However things should pick up, as GCC donors for example are interested in the wastewater treatment,” he told OBG. Indeed, foreign donors are already playing an important role. For example the US-backed Millennium Challenge Corporation is providing $93m of funding the expansion of the As Samra plant. The US Agency for International...
Strong global demand for fertiliser on the back of high-er international food prices should mean big business for Jordan, which is a major producer and exporter of potash and phosphate rocks, key materials for fertilis-er production. While raw materials currently take up the bulk of exports, the country is also moving up the value chain by becoming...
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