Amman, April 16 (Petra) -- The Jordan–Saudi Business Network is moving into an execution phase focused on developing investment partnerships and translating business engagement into tangible projects, the Amman Chamber of Commerce said.

First Vice Chairman Nabil Al-Khatib said the network has made measurable progress since its launch in January 2026 in Riyadh, building an initial platform for engagement among business leaders, investors, and executives from both countries and organizing bilateral meetings to explore cooperation opportunities.

Speaking during a virtual meeting hosted by the chamber, Al-Khatib said the next phase will center on developing ready-to-implement investment projects and establishing sustainable partnerships, with the aim of strengthening economic integration between Jordan and Saudi Arabia.

He noted that discussions held in Amman and Riyadh indicate strong potential for structured economic cooperation, supported by Jordanian expertise and the scale of investment opportunities available in the Saudi market.

Participants said the current stage requires shifting focus from networking to implementation, highlighting the need for clearer procedures, better access to information, and more effective follow-up mechanisms.

They called for preparing a pipeline of investment-ready projects, enhancing regular engagement among network members, activating the network’s digital platform, and establishing sector-specific committees to support execution.

Board members said the network represents a transition from individual business initiatives to a more institutional framework for cooperation, noting that progress has already been made in building connections and facilitating initial partnerships.

They emphasized that the key challenge now lies in converting meeting outcomes into concrete investment projects, supported by accurate information on opportunities and regulatory frameworks in both countries.

Participants also stressed the importance of coordinating with government entities to address regulatory challenges and facilitate investor procedures, alongside adopting a structured program of regular meetings and progress reporting.

Sectoral committees are expected to be formed across priority areas including real estate, construction, information technology, innovation, food industries, tourism, logistics, transport, energy, and financial services, to accelerate identification and execution of investment opportunities.

//Petra// RZ