Investment Minister Khairy Amr on Saturday participated in the Jordan-Kurdistan Investment Forum, organised by the Jordanian Businessmen Association (JBA), the Jordan News Agency, Petra, reported.

The minister described Jordan as “the ideal place to invest in” due to the market’s competitiveness and the advantages and incentives it provides to investors and business owners, highlighting the availability of investment opportunities in the Kingdom.

Amr voiced Jordan’s aspirations to become a regional logistics centre due to the country’s position as a transit gateway between Eastern Europe, Turkey and the Arab Gulf states.

Amr noted that the government, through the Public-Private Partnership Unit at the Ministry of Investment, has identified a set of bankable projects that include opportunities in a number of sectors such as water, transport, the digital sector, and education.

Head of JBA Hamdi Tabbaa said that the forum constitutes an initial step to build an action plan to enhance the investment opportunities available in the Kurdistan Region of Iraq.

He noted that the geographic location of Jordan and its strategic proximity to Iraq is a “great opportunity” for launching joint projects.

A number of Jordanian companies began exporting goods to the Kurdistan region of Iraq in 2013, he said, adding that Erbil is an especially promising market for Jordanian companies in the information technology sector.