Jordan Times
Monday, May 16, 2005

Survey to identify size, scope of FDIs

AMMAN (Petra) — Representatives from various government organisations will begin early next month a survey on foreign direct investments (FDIs) in the Kingdom.

The team will include delegates from the Jordan Investment Board, the Department of Statistics (DoS), the Central Bank of Jordan and the Ministry of Industry and Trade.

The survey, to be implemented in cooperation with the United Nations' Economic and Social Development Commission in Western Asia, seeks to identify the size of the FDIs and provide a database about it.

According to the DoS, the survey's questionnaire was prepared with the help of experts from the International Monetary Fund.

A time framework is currently being set along with a final cost assessment in order to execute the survey, the DoS said.

The Amman Stock Exchange and the Ministry of Industry and Trade have specified the concepts for the 600 establishments that will be covered by the survey which will be carried out over a period of three months.

The data of the survey is expected to be of high accuracy in light of the information provided by the businesses and the new definition of FDIs which classifies investors according to location rather than the nationality.


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