JVA signs investment agreements to enhance economic development
11/01/2026 | 14:25:19
Amman, Jan. 11 (Petra) – Secretary-General of the Jordan Valley Authority (JVA), Hisham Hisa, on Sunday signed several agreements to implement investment projects in the agricultural and tourism sectors across the Kingdom.
The move eyes to create job opportunities for local communities and contribute to achieving "sustainable and comprehensive" development.
According to a press statement issued by the Ministry of Water and Irrigation, Hisa stated this step aligns with the Economic Modernization Vision and is part of the government's efforts to develop the Kingdom's various regions, particularly the governorates, by supporting productive projects and expanding employment opportunities.
Hisa noted the JVA is working to turn Royal directives into "tangible" projects aimed at improving conditions in the target areas to become "lucrative" to investment.
Additionally, he said these projects seek to support the local economy and provide job opportunities for young people in the target regions by offering incentives to local investors, which would improve income levels and enhance development.
In turn, the investors commended these initiatives that launch local investments aimed at supporting the national economy and serving the communities adjacent to the project sites.
//Petra// AG