Jordanian Expatriate Businessmen and Investors Conference concludes  with call for database

AMMAN — The 8th Conference of Jordanian Expatriate Businessmen and Investors concluded on Sunday, resulting in recommendations for the establishment of a central database for Jordanian expatriates, the creation of an investment fund tailored to their needs, and the issuance of bonds specifically for them.

The proposals, announced by Yasser Tahboub, a member of the board of the Jordanian Businessmen Association, underlined the need to build expatriate villages governed by an incentive framework that encourages the launch of diverse economic ventures. 

The proposals also called for the enactment of the "Jordanian Expatriate Investors Law", according to the Jordan News Agency, Petra.

The recommendations also emphasised that embassies and diplomatic missions should play an active role in disseminating information on investment opportunities.

They also suggested exploring alternative financing options for development projects, which could mitigate the effects of high interest rates. 

The call to exempt stock and bond trading on the Amman Stock Exchange from taxes was also highlighted by conference participants.

The participants also advocated incentives for green economy initiatives, particularly in the governorates.