Jordan Times
Friday, November 3, 2006

Rajihi outlines investment plans to Bakhit

AMMAN (Petra) — Prime Minister Marouf Bakhit met on Thursday with Omar Suleiman Rajihi, the chief executive officer of Al Rajihi Investment Group which has started at the beginning of this year the procedures to obtain the licences for setting up cement factories in Mafraq and Qatraneh.

The projects are expected to provide around 1,200 job opportunities and help achieve sustainable development in the two areas besides repatriate the sum of $400 million to the country.

During the meeting, Bakhit underlined the importance of investment projects launched in the country, especially those that provide job opportunities to Jordanians and expressed the government’s support to the projects and its readiness to eliminate all obstacles.

Rajihi told the prime minister that his company would be looking for major projects in the country such as buying the troubled glass factory and would also be interested in investing in the energy sector. Furthermore, he expressed the intention of buying the existing cement factory in Fuheis.


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