JIC restructuring seeks to improve investor experience

AMMAN — Jordan Investment Commission (JIC) Chairman Khaled Wazani on Wednesday said that his regular meetings with investors are part of the keenness of the government and the commission to communicate with investors about their issues and concerns, seeking to reach quick solutions.

During a meeting with investors at the industrial compound estate in Sahab, Wazani said that, as the representative of investors to the government, the JIC will be restructured to better represent and fulfil the aspirations of these investors, according to a JIC statement.

The JIC is concerned with developing a strategy that shows its dedication to remedying the challenges facing investors, which will include facilitating procedures pertaining to investment and adopting partnership mechanisms among government institutions through electronic means, Wazani was quoted in the statement as saying. 

Investors desire incentives, but are more concerned with simpler procedures pertaining to the entire investment process and the revenues that their investments generate, he added, noting that the investment map will be updated to serve that end. 

For his part, Dawoud Iskandarani, deputy general manager of the estate, highlighted the importance of communication between government decision makers and their private sector partners in making investment decisions, so as to contribute to developing several sectors and addressing poverty and unemployment.