13th March, 2019
The Arab British Chamber of Commerce hosted an Opportunities in Jordan business event on 13 March 2019. The Chamber was pleased to welcome H E Mr Omar Al Nahar, the Ambassador of the Hashemite Kingdom of Jordan in London.
Opportunities in Jordan was organised by the ABCC in collaboration with the Embassy of the Hashemite Kingdom of Jordan in London and in partnership with UK Export Finance. We were also delighted to be joined at the event by H E Mr Tarek Adel, the Egyptian Ambassador and H E Mr Mohamed Elkoni, the Libyan Chargé d’Affaires.
In welcoming remarks, Mr Bandar Reda, Secretary General & CEO, stressed the important opportunities in the Jordanian market for British business. He also highlighted the forthcoming Arab British Economic Summit on 3rd July and urged companies to join the Chamber to take advantage of its services. Rt Hon Baroness Symons welcomed Mr Reda’s appointment and wished him all success in his position. She described Jordan as a remarkable country at the heart of the Arab world and praised the generosity of its people. She mentioned that H M the King of Jordan had been in London recently for the major international conference held to attract investment in the country.
A promotional film that summarised the key attractions of Jordan as a logistics hub and tech centre was screened before the formal presentations. The Ambassador H E Mr Omar Al Nahar told the audience of business people and investors that Jordan was working towards financial self-reliance and economic sustainability which would be based on the resilience and innovation of its people. The London Initiative conference in February had unveiled a plan for growth for which Jordan had received pledges of support from the international community.
Mr Wedad Kurugky, Export Finance Manager, UK Export Finance, explained the funding that his agency was able to offer to companies to help them secure exports and win contracts overseas. Dr Neil Quilliam, Associate Fellow MENA Programme, Chatham House and Dr Sue Griffiths, Executive Director, Global Partners Governance, delivered a joint presentation on a research project into the Jordan market in order to facilitate greater engagement with the UK. Dr Griffiths stressed that the research was focusing on Jordan’s own priorities for growth and developments. Dr Quilliam described some of the findings of the research by highlighting some of the opportunities in some key sectors which he hoped UK business would not miss out on. The four main sectors he highlighted were healthcare, agriculture, tourism and electrical machinery.
Mr Maher Ghanma, Head of Government Affairs ME, DLA Piper, said that the challenges to investors in the market were being seriously addressed by the Jordanian government. He flagged up the pipeline projects available to investors that could be accessed online. In total, there were 123 projects identified of which 10 were to be tendered this year. Mr Andrew Holland, Research & Development Director, IrisGuard UK, delivered a case study of a UK SME that was working successfully in Jordan. He said that UK firms were attracted by the highly educated labour, the stability of the market, the widespread use of English and the long history of friendly UK-Jordan relations.
Finally, Mr Jun-Dai Bates-Kobashigawa, Senior Director, technology, Expedia, shared his own experiences of the technology sector in the country by describing how his company had successfully established a partnership with Jordan that had recruited IT trained personnel. Discussion covered a range of issues such as higher education, cooperation between public and private sectors, available assistance for entrepreneurs and the integration of refugees into the labour market.Back To 2019 Gallery