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FINANCIAL NEWS
Jordan reports 58% increase in 2012 investments
06 Jan 2013
(MENAFN) The Jordan Investment Board’s acting executive director, Awni Shdaifat, announced that in the past year, investments in the Kingdom surged by nearly 58 percent to USD2.3 billion from USD1.44 billion in 2011, reported Xinhua News.
Shdaifat said that approximately 49 percent of total investments were local, whereas the remaining 51 percent were foreign.
He added that around USD1.79 billion of total investments were in the industrial sector, posting a hike of 96 percent from a year before.
Investments in the hospital sector reached around USD140 million, whereas investments in the agricultural sector stood at USD34.5 million and in the hotel and hospitality sector reached USD91 million.
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