11-Feb-2021
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Alrai - Today, Wednesday, a team from the Investment Authority headed by Fereidoun
Hartouga inspected the Sukhtian Pharmaceutical Factory. According to a press
release by the authority, today, Hartouga said that providing a safe and stable
environment for local and foreign investments is the most important factor in
attracting, stabilizing and expanding investments.
He added that the authority was established with
the aim of attracting, encouraging and promoting domestic and foreign
investment, ensuring the permanence of the attractive investment climate,
revitalizing the economic movement and enhancing confidence in the investment
environment, and this can only be achieved by achieving security and safety
conditions for investments and concerted efforts. He explained that the
authority has set, among the best international applications, procedures to
empower and reassure investors, and raise Jordan's competitiveness in
international reports related to the practice and ease of business, prompting
the government to issue a system for investor grievances.
He pointed to the formation of a committee in
the commission specialized in looking into investor grievances, ensuring the
extent to which government agencies implement legal texts, and taking measures
and decisions related to the investor to shorten time and effort, and avoid
legal dispute before the judiciary or arbitration.
He pointed out that there is a special unit for
investment protection that works as a link between investors and other security
and administrative bodies, to coordinate efforts and meet the needs of the
investor, and to communicate with the Ministries of Interior and Industry and
Trade, the Investment Authority, Chambers of Industry and Commerce, and the relevant
security authorities, and work as one team to remove any challenges or
harassment. Or problems that the local or foreign investor may encounter, in a
way that guarantees the advancement and enhancement of the national economic
and investment environment.
The general manager of the "Sukhtian"
pharmaceutical factory, Engineer Muhammad Rajiha, said that the
"Sukhtian" industrial group is spread in most governorates of the
Kingdom and employs approximately 1,200 Jordanians, and the volume of its
investment in the Kingdom is more than 200 million dinars, indicating that the
group has contributed to the delivery of its Jordanian products From 48
countries around the world, what the countries of the world knew about the
Jordanian industries and their quality. They also contributed to operating a
number of Jordanian factories directly and indirectly, which in turn provided
new job opportunities for Jordanian youth.
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