The shared vision between government and the private sector: Foundations of the economic future - By Ahmad Al Naimi, The Jordan Times
The Jordanian economic landscape is marked by complex challenges that require the collaboration of all stakeholders, both governmental and private, to achieve sustainable development. Cooperation between the public and private sectors emerges as a fundamental element in creating a mature investment environment capable of enhancing the Jordanian economy's ability to confront current and future crises. This collective effort is the main engine driving the Kingdom toward economic and social advancement.
The significance of this collaboration is reflected in the royal messages and government initiatives that showcase the state's commitment to developing the national economy. King Abdullah II's visits to local companies represent an important step in this direction, as His Majesty seeks to learn about these companies' experiences and bolster their roles in the economy. Such visits foster a collective spirit among business leaders and investors, motivating them to innovate and continuously enhance their productive capabilities.
From the government’s side, efforts are being made to strengthen trust in the Jordanian market through regular meetings between investors and decision-makers, underscoring the importance of dialogue and transparency in creating a fair and stable business environment. This cooperation serves as the cornerstone for generating new job opportunities and stimulating economic growth, especially as challenges in both the local and global economic environments intensifies.
Success stories of national companies highlight the critical role of supporting local production and showcasing these industries' vital contributions to meeting market needs and providing job opportunities. The ability of these companies to export to international markets is an important indicator of the achievements that can be realized through coordinated efforts between local initiatives and global trends.
Efforts at building cooperation extend beyond local industries, encompassing international collaboration as well. King Abdullah II's pursuit of expanding economic partnerships and increasing investments with other countries is evident in official visits that reflect Jordan's ambitions for external cooperation. Such collaboration will significantly bolster the competitive capacity of Jordanian products on the global stage, opening opportunities for Jordan to benefit from advanced global techniques and expertise.
The coordination and alignment of efforts among all parties demonstrate how a shared vision can form a solid foundation for the growth of the Jordanian economy. The royal vision and the collaborative efforts between the government and the private sector reflect a commitment to achieving sustainable development and meeting citizens' needs. Continuous joint action enhances Jordan's competitiveness and serves as a guarantee for a prosperous economic future. As efforts combine, the chances of success increase, ensuring Jordan occupies a prominent position in the regional and international economic arenas.
The Royal interest signals a clear commitment from all parties to continue fostering cooperation and positive interaction to achieve sustainable development goals. With strong infrastructure, creativity, and dedication, Jordan can place itself among the countries boasting a robust and sustainable economy. This endeavor requires real commitment from all stakeholders, paving the way for a brighter future for the Jordanian economy, as envisioned by His Majesty King Abdullah and the Crown Prince.