The Jordanian economy has proved to be more resilient than expected, registering a 3.2% real growth rate in 2009. The New Investment Promotion Law is helping to attract

foreign direct investment (FDI), as the government moves to increase incentives and exemptions, and open up new free zones. However, the different laws governing investment in Jordan offer equal treatment to both Jordanian and non-Jordanian investors, thus allow the non-Jordanian investor to own any project in full or part, or to engage in any economic activity in the Kingdom. In addition, investors have the right to manage their projects in the manner they deems appropriate, and through the person(s) chosen by the investors for this purpose.
On the other hand, as Iraq continues to stabilize, Jordan is set to capitalize on increased trade. Exports to the country grew by 36.9% to $335.4m in the first four months of 2009. Although the coming year looks to be challenging worldwide, and the government anticipates a growth rate of
3-4%, Jordan has a lot to offer potential investors, particularly those seeking to develop its transport, energy, and tourism sectors.
Jordan Investment Board (JIB)