Emphasising the importance of strong relationships between the public and private sectors as critical to facilitating sustainable economic development, the King confirmed Jordan’s commitment to improve and ease doing business in the Kingdom, acknowledging that further reforms are necessary to promote business growth and development.
The International Monetary Fund (IMF) has projected a growth rate of 3.2% for 2011 for the Jordanian economy, with a 3.9% growth rate forecast for 2012.
The Port of Aqaba, on the Red Sea, is Jordan’s primary access point to international shipping and trade, where ACT was established seven years ago as a joint venture between the Aqaba Development Corporation and APM Terminals (APMT).
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