Jordan Times
Monday, November 27, 2006
UNCTAD ranks
Jordan among top 20 states in attracting foreign direct investments
The World Investment Report 2006 issued by the United Nations Conference on
Trade and Development (UNCTAD ranked Jordan among the top 20 countries out of
141 in terms of the flow of foreign direct investments (FDIs). According to the
report, the country attracted around $1.5 billion FDIs last year compared to
$651 million in 2004. The balance of foreign direct investments reached around
$5.1 billion in 2005 compared with around $2.3 billion in 2000, the report
revealed. Jordan Investment Board Chief Executive Officer Maen Nsour attributed
the increase to the country’s favourable investment environment, incentives,
infrastructure and stability.