Jordan, or the Jordanian, or the Hashemite Kingdom of Jordan, is in one of the world’s most geopolitically significant junctions, bordered by Saudi Arabia, Iraq, Syria, and the ocean only by a small coast of the Gulf of Aqaba. Despite Jordan’s scarcity in hydrocarbon resources, Jordan has founded a competitive services base. Jordan,is in one of the most geopolitically significant junctions in the world, bordered by Saudi Arabia, Iraq, Syria, and the ocean only by a small coast of the Gulf of Aqaba. Despite Jordan’s poverty in hydrocarbons, Jordan has installed a competitive service-oriented economy, not in the last stage on phosphate and potash extraction, pharmaceuticals, tour, and helped by logistics, ICT.
Reasons to Start Industry in Jordan
1. Strategic Location and Market Access: Jordan’s closeness to major Middle East markets and the Mediterranean provide fast access. Jordan. The Aqaba Special Economic Zone, ports, and improved logistics corridors make Jordan an ideal location for regional re-export and logistics.
2. Skilled and Educated Workforce and a Multilingual Talent Pool: Jordan’s high literacy rates and a large population of university graduates, particularly in engineering, pharmacy, IT, and sciences, make Jordan an attractive choice for knowledge-based industries and service providers. The English and Arabic languages are spoken by most professionals.
3. Strong Institutional and Investment Framework: Investment incentives, business legislation that is sufficiently transparent, and the protection mechanisms, such as tax exemptions, guarantees, and double taxation avoidance agreements, continue to operate. The ease of doing business has also increased over time because of a stronger commitment to political reforms and public-private partnerships.
4. Stable Banking Sector and Wider Financial Access: SMEs, microfinance, and development finance businesses in the regulated financial system and the much more dynamic fintech ecosystem that have been developed offer a broad array of financing solutions. There are many ways to get out there.
5. Natural endowments and competitive advantages: Jordan is not hydrocarbon-rich, but it is known for its phosphate and potash reserves. Jordan’s solar irradiance is among the highest worldwide. Jordan is well-established in physical and cultural heritage tourism and has a long tradition in the production of pharmaceuticals and certain chemicals. These provide the essential path for the creation of a value-added industry.
Availability of Raw Materials and Supporting Factors
- Mineral based - Another key industry which is mineral based includes phosphates and potash. Jordan is a key global producer of both mineral compositions and substances. The first one is necessary both for a variety of fertilizers and thus highly demanded in itself in a range of chemical processing applications.
- Potash, also known as potassium salts, boasts a similarly gigantic value for Jordan, seen not only in its own right, but also seen in its entire downstream industrial chemistry. Jordan territory also ripes the renewable energy resource.
- The conditions of Jordan for utility and distributed solar are of excellent quality; concentrated solar as well as the potential for both onshore and offshore wind projects. Jordan shows the first wind farm project to the globe and is planning to set up an informational green hydrogen platform.
- Agricultural Products and Food Processing Inputs. The mineral based industry’s obvious complement is the agricultural products and food processing inputs. Olives, citrus, tomatoes, medicinal and aromatic herbs and dates make up the fully ripe crops for cooling Jordan territories along the rivers. Such products are perfect for food processing, cold-chain storage and distribution, and flow within an integrated agro-export scheme.
Why Select Industry for Startup in Jordan
Such high-growth sectors and technologies that are either national priorities or that align well with Jordan’s comparative advantages and unique features that entrepreneurs and investors can pursue include:
1. Pharmaceuticals, Medicinal & Life Sciences
Specialty generics and biosimilars beyond Jordanian pharma companies’ regionally competitive generics, APIs, and contract manufacturing, and nutraceuticals using Jordan’s biodiversity for high-value exports.
2. Agro-Processing and Food Packaging
Presented by value addition to olives (oil), dried fruits, purees drinks, and herbs (essential oils) related refrigerated containment systems for exports to GCC and the EU; Jordan has organic and specialty products attractive to the health-conscious.
3. Renewable Energy and Green Technologies
Solar farms, rooftop solar panels, hybrid mini-grids, energy storage, and green hydrogen feasibility projects for export to align with Jordan’s target for renewables share increase and reduce energy imports.
4. Water Technologies and Desalination Services
Aside scarcity-tackling water treatment, efficient irrigation technologies, treated wastewater, and even desalination and private sector-managed resources are Opportunities with high local demand and export potential.
5. Information & Communication Technology (ICT) and Digital Services
Widely in software, cloud, and cyber-security services, and financial technologies development, e-Health, and business process outsourcing,Jordan has a high-skilled, English-speaking digital services workforce and government backing.
6. Tourism, Hospitality & Experiential Services
Day-time tourism products for its world-heritage sites linked with the Dead Sea and more than medical and wellness e-tourism eco-tourism, Cultural tourism also needed with COVID-19 resilient awes in all year-round high-value tourism tech.
Market Demand
Pharmaceuticals, food staples, and chemical inputs maintain steady and growing regional demand.
Tourism, particularly for premium and niche experiences, has rebounded in the region, and the national demand for green energy and water management remains a policy support priority.
The demand for digital services is also increasing rapidly as regional businesses look for ways to access cost-efficient and high-quality IT delivery.
Logistics and cold-chain requirements have increased because of the rise of e-commerce and agrifood exports. Jordan’s domestic market is small, but it is outweighed by its export-oriented strategy and preferential trading status and agreements with its neighboring markets.
Government Support and Incentives
Receivers of Jordanian authorities’ and agencies’ investor facilitation and incentives are the following:
– Tax exemptions and holidays to qualifying industries and export units;
– Customs and duty reliefs to inputs in export production;
– Land and utility incentives in industrial zones reduced lease rates expedited permits;
– Public-private partnership frameworks in large infrastructure and renewable projects;
– Support to SMEs and startups via grants, incubation and access to concessional financing;
– Trade agreements and export facilitation to neighboring markets and beyond. Frequently, investors aggregate the incentives and ROI policies with regional distribution strategies.
Jordan offers a secure and well-positioned base for investors interested in the Levant or North Africa. The most attractive opportunities in the short to medium term include prospective pharmaceutical manufacturing and agro-processing investments, as well as possibilities in rainy energy and water technology, ICT service provision, logistics, and upmarket tourism. Combined with the country’s human capital and raw material endowment of phosphate and potash, special economic areas, and beneficial regulation, these factors may also represent a good fit for start-ups and existing companies wishing to expand their regional footprint or set up for export.
