Wednesday, August 29, 2007

Should All of Jordan Become a Duty Free Zone?

Successful initiatives should always be replicated in order to have, you guessed it, more success. we have all noticed the amount of investments the Aqaba Special Economic Zone has been receiving. We have also seen how trade originating and/or passing through Aqaba SEZ have increased to, sometimes, unmanageable levels. But we really should think strategically of the geographic location Jordan has. we have an advantage over Dubai in terms of proximity to Europe and the Americas, Better Weather, more experienced labor pool, and, of course, the amount of rebuilding business Iraq is bound to experience once everything settles down in that war torn country.
I had the pleasure the other day of buying a "Made in Jordan" polo shirt. I didn't need it. but it was the least I could do to support Jordanian made products. since the item was made in Jordan, it enjoys a tax-free entry into the American market. only if the government did a better job marketing Jordan as an industry-friendly, investor welcoming place. in no time, Jordan will start having a trade surplus, which translates into increased hard currency reserves. Consequently, Jordan will have lower loan rates due to the country being backed by its reserves, and also investors will be encouraged to operate in the country without fears of local currency collapsing and inflation rising.
what do you think Jordan should do to increase its economic growth rate?
how should Jordan encourage foreign direct investment?
what should Jordan do to eliminate poverty and unemployment?
.
.
.

33 comments:

M Kilany said...

wow... you already started :)

M Kilany said...

Global, the products that are allowed entry to the US without taxes should have a percentage of Israeli raw material in it!?!

I don't think this is something to be supported even if it means having higher returns based on ethical grounds.

Amer said...

yes, thats true. but, if more investments were to be initiated in Jordan, in more QIZ's, then the Jordan-EU partnership would start bearing fruits.

M Kilany said...

I'm totally against integrating Israel in our economy... But the idea of a duty free zone without having a condition for Israeli participation is very interesting...

I'm not sure that is what you meant?

Bilalٍ said...

Although my answer usually, as a dreamer would be "Arab Union". I will try to wake up.

Fighting corruption and more privatization would help a lot, i guess. Getting rid of the overweight of surpulus public employees.

Sel3 said...

nice idea for a blog guys wish you luck.

now Globalrama you've mentioned the experienced labor pool we have at Jordan, but then why do we see a lot of labor coming to Jordan from India, Bangladesh and Sri Lanka? I would blame the investors, owners or managers who try to reduce the overhead costs, but I also would blame the Jordanians themselves because we all want to be managers and no one is willing to work in a factory or the like.

I didn't work in Jordan long enough to know how is the labor law supporting the Jordanian labor, but from what I feel it is not being just with the labors.

but we also need to work on our mentality a little bit and promote the idea of vocational education in the minds of people.

unless we do something about this we will lose the experienced labors we have.

Amer said...

Sel3,
those foreign laborers are mostly "unskilled," hence they work in factories, farms, and construction sites. Jordan is full of college educated young men and women. They are sought after in the gulf countries and they also immigrate to Europe and the North America since they cannot find jobs and/or work environment isn't supported and protected as it should be.
we also have the 3aib mentality, where, as you mentioned, Jordanians prefer management positions.

Anonymous said...

Hi !.
You may , probably curious to know how one can make real money .
There is no need to invest much at first. You may start to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with offices around the world.
Do you want to become a happy investor?
That`s your choice That`s what you really need!

I feel good, I began to take up income with the help of this company,
and I invite you to do the same. It`s all about how to select a proper partner who uses your funds in a right way - that`s AimTrust!.
I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
It`s easy to join , just click this link http://ehopygoq.s-enterprize.com/tygobymu.html
and lucky you`re! Let`s take our chance together to get rid of nastiness of the life

Anonymous said...

Glad to greet you, ladies and gentlemen!

Sure, you’ve heard about me, because my fame is running in front of me,
my parents call me James F. Collins.
Generally I’m a venturesome gambler. all my life I’m carried away by online-casino and poker.
Not long time ago I started my own blog, where I describe my virtual adventures.
Probably, it will be interesting for you to find out my particular opinion on famous gambling projects.
Please visit my web page . http://allbestcasino.com I’ll be interested on your opinion..

Anonymous said...

Hey I am so thrilled I found your webpage, I really found you by mistake, while I was searching on
Google for something else, Nonetheless I am here now and would
just like to say cheers for a fantastic post and a all round interesting blog
(I also love the theme/design), I don't have time to go through it all at the moment but I have saved it and also included your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the great job.
Take a look at my blog : Samedayloan

Anonymous said...

You have made some decent points there. I checked on
the net for more information about the issue and found most individuals will go along
with your views on this website.
Also visit my website :: Http://Pozhive.com

Anonymous said...

It's a pity you don't have a donate button!

I'd without a doubt donate to this excellent blog! I suppose for now i'll settle for
book-marking and adding your RSS feed to my Google account.
I look forward to fresh updates and will talk about this site with my
Facebook group. Chat soon!
Also see my web site - Quick Loans

Anonymous said...

My family always say that I am wasting my time here at
web, except I know I am getting knowledge daily by reading such good content.
Also visit my web page ... http://www.almostmd.com

Anonymous said...

Thanks for finally writing about > "Should All of Jordan Become a Duty Free Zone?" < Loved it!
Here is my page ... InstantPaydayLoan

Anonymous said...

My brother recommended I might like this web site. He was once totally right.
This put up truly made my day. You cann't imagine simply how much time I had spent for this info! Thank you!
Also visit my web page :: help.vth.ru

Anonymous said...

I'm not sure where you are getting your information, but good topic. I needs to spend some time learning more or understanding more. Thanks for wonderful info I was looking for this info for my mission.
Also visit my blog post http://chrio.edu.cap.ru/wiki/index.php?title=Участник:thorstenmu

Anonymous said...

I am not sure where you are getting your information, but good topic.
I needs to spend some time learning more or understanding more.
Thanks for great information I was looking for this info for
my mission.
Also visit my web-site - Fast Payday Loans 360

Anonymous said...

I always spent my half an hour to read this weblog's articles every day along with a cup of coffee.
Also visit my site ... Fast Loans

Anonymous said...

I know this if off topic but I'm looking into starting my own blog and was curious what all is needed to get set up? I'm assuming having a blog like yours would cost
a pretty penny? I'm not very web smart so I'm not 100% certain. Any suggestions or advice would be greatly appreciated. Appreciate it
Also visit my homepage ... Perl-qa.hexten.net

Anonymous said...

We absolutely love your blog and find almost
all of your post's to be what precisely I'm looking for.
Does one offer guest writers to write content for you? I wouldn't mind writing a post or elaborating on a lot of the subjects you write concerning here. Again, awesome website!
Stop by my site ; instantloans

Anonymous said...

An impressive share! I've just forwarded this onto a colleague who has been conducting a little homework on this. And he actually ordered me dinner simply because I stumbled upon it for him... lol. So allow me to reword this.... Thanks for the meal!! But yeah, thanx for spending time to discuss this topic here on your internet site.
Feel free to surf my web page :: mclinked.com

Anonymous said...

Great post! We are linking to this great content on our site.

Keep up the good writing.
Feel free to surf my blog :: FastPaydayLoan

Anonymous said...

I have been browsing online more than three hours lately, but I
by no means discovered any interesting article like yours.

It is lovely value enough for me. Personally, if all site owners and
bloggers made good content material as you
did, the internet shall be a lot more helpful than ever
before.
Feel free to visit my web page : Short Term Loans

Anonymous said...

Hello there, I found your website by way of Google at the same time
as looking for a comparable topic, your web site came up,
it appears great. I've bookmarked it in my google bookmarks.
Hello there, simply become aware of your weblog via Google, and found that it is truly informative. I'm going to watch out for brussels.
I will be grateful when you continue this in future. Lots of folks will probably be benefited from
your writing. Cheers!
My website cashloans720

Anonymous said...

Do you mind if I quote a couple of your articles as long as I provide credit and sources back to your blog?
My website is in the very same area of interest as yours and my users would certainly benefit from a lot of the information you present here.
Please let me know if this okay with you. Thanks a lot!
Here is my web blog : Quick Cash Loans

Anonymous said...

Great site. Plenty of helpful info here. I'm sending it to several pals ans additionally sharing in delicious. And certainly, thanks on your sweat!
Also see my web page > instantloan960

Anonymous said...

Yesterday, while I was at work, my sister stole my apple ipad and tested to see if it can
survive a thirty foot drop, just so she can be a youtube
sensation. My apple ipad is now broken and she has 83 views.
I know this is entirely off topic but I had to share it with someone!
Also see my web site - http://projects.evanpatton.com

Anonymous said...

I pay a visit everyday a few websites and sites to read articles,
except this web site offers feature based writing.
Also visit my web-site - http://myspace.ge/

Anonymous said...

Saved as a favorite, I love your website!
Also see my web page :: cash loan 720

Anonymous said...

I am not sure where you are getting your information, but good
topic. I needs to spend some time learning more or understanding more.
Thanks for wonderful information I was looking for this information for my mission.
Feel free to visit my homepage - pay Day loans

Anonymous said...

This site really has all the information and facts I wanted concerning this subject and didn't know who to ask.

Also visit my web page ... www.kesper.org

Anonymous said...

My family members always say that I am killing my time here at net, however I know I am getting familiarity all the time by
reading thes good articles or reviews.

Here is my web site http://www.bildungsstreik.net/wiki/index.php/Benutzer:VHMWinsto

Anonymous said...

Hey just wanted to give you a quick heads up. The text in your content seem to be running off the screen in Chrome.

I'm not sure if this is a format issue or something to do with internet browser compatibility but I thought I'd post to let you know.
The design and style look great though! Hope you get the
problem solved soon. Kudos

Look into my blog ... Social Booster