Jordan’s Minister of Investment, Mothanna Gharaibeh, showcased the country as a strategic investment gateway offering access to economies with a combined GDP of $50 trillion through free trade and bilateral agreements across multiple continents. Speaking at a Singapore economic forum titled “Jordan: Your Gateway to Human Talent, Competitive Costs, Resilience, and Global Markets,” Gharaibeh emphasized Jordan’s geographic advantage, robust infrastructure, and pivotal role in global food security via its fertilizer industry.
He highlighted Jordan’s expanding sectors such as food processing, pharmaceuticals, apparel, and electronics, and noted ICT companies contribute to a 19% annual rise in digital jobs. Citing an IBM semiconductor feasibility study, Gharaibeh said Jordan offers the highest profitability and low-risk environment among evaluated locations.
Jordan’s Economic Modernization Vision aims to accelerate growth, boost exports, optimize resource use, attract investment, and promote sustainable practices. Ambassador Samer Naber emphasized diplomatic missions’ role in promoting investments and public-private partnerships, including collaboration with Arab Bank.
Naber also discussed Jordan’s green energy strategy, climate policies, and ongoing green bonds framework, stressing the potential for Singaporean investments in the Middle East’s renewable energy sector. Arab Bank’s CEO Randa Sadik reiterated the bank’s commitment to supporting Jordan’s investment climate through financing and banking services.
The forum featured success stories from companies like Jordan Phosphate Mines and ICT firms such as Bigo Technology, which have created thousands of jobs. Gharaibeh is scheduled to meet Singapore’s Second Minister of Trade and Industry and senior executives from sovereign wealth funds and corporations including GIC, Temasek, and ST Engineering to enhance bilateral cooperation and regional expansion opportunities.
Jordan’s industrial exports grew 8% in Q1 2025 compared to the previous year, reflecting positive momentum in its economic modernization.
