http://almashareq.com/en_GB/articles/cnmi_am/newsbriefs/2019/07/10/newsbrief-03

Jordan to host Arab reconstruction conference

Jordan is scheduled to host an Arab forum in August on the reconstruction of Arab countries affected by conflicts, Jordan Free and Development Zones Group chairman Khalaf Hmeisat announced Tuesday (July 9th).

Hmeisat said the forum aims to find new opportunities for businesses and investors in the commercial and economic sectors, and to address obstacles related to competitiveness in reconstruction, the Jordanian news agency, Petra, reported.

Hmeisat, who is also chairman of the Arab Union of Free Zones (AUFZ), said the kingdom’s location gives it an advantage in contributing to the reconstruction projects in the region.

AUFZ secretary-general Mahmoud Qteishat said the event would address several issues related to the important role of Arab states and Islamic sovereign funds in financing the reconstruction projects.

In June, the Jordanian Construction Contractors Association announced the list of reconstruction and investment projects in Iraq, at a value of $46 billion.

The association’s president, Ahmed Yacoub, said conditions "are ripe" for Jordanian and Iraqi contractors to set up partnerships and reap the benefits of the available reconstruction projects.

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