His Majesty King Abdullah on Sunday outlined investment opportunities and incentives available in the Kingdom in key economic sectors.

Addressing a group of leading businessmen in the US at a meeting in New York, King Abdullah highlighted new economy-related legislation enacted to encourage and streamline investments and boost partnership between the public and the private sectors.

His Majesty highlighted Jordan’s achievements in the IT, telecommunications and pharmaceutical sectors in particular, pointing out that these sectors are capable of drawing investments for new projects, in light of the country’s competitive and stable investment environment, along with its qualified human resources and distinguished geographic location, which serves as a gateway to Middle East and North Africa countries.

The King cited opportunities and investment projects that were proposed at a session titled “Jordan Relaunched” during the World Economic Forum’s meeting, which the Kingdom hosted on May 21-23 at the Dead Sea, in the fields of energy, water, transport, infrastructure, communications, IT and rural development.

At the meeting, attended by King’s Office Director Jafar Hassan, discussions addressed the possibility of channeling part of US’ investments for these projects and to industrial and development estates and free zones in the Kingdom.