The Director General of the Jordanian Investment Promoting Authority, Rim Badran, anticipates 990 million Jordanian Dinars ($1.4 billion) worth of new investments to be pumped into the Jordanian economy by the end of 2002, of which JD 740 million will be funneled to revenue generating industries such as tourism, information technology, hospitals, cosmetic products from the Dead Sea, textile, mining and pharmaceuticals, reported Al-Bayan . Badran predicts another JD 250 million worth of new investments to be pumped into the economy after renovating more than 400 existing factories. — (menareport.com)
© 2002 Mena Report (www.menareport.com)