The vision of economic modernization is implemented by 8 engines of economic growth, covering 35 main and sub-sectors covering more than 366 initiatives.
The vision is national and aims to modernize the economy by developing a solid plan and roadmap, the most important of which is to increase the income of the citizen, to ensure a better quality of life, by developing all sectors and to develop the abilities of individuals. , by national engines.
First: row high value industrieswhich includes 9 sectors including 104 initiatives, and directs the process of implementing future strategies to advance the Jordanian industrial economy and transform the Kingdom into a major industrial center in the region and a center for exporting products, by rapidly provide growing exports with leading and high value products.
Particular attention is paid to building integrated value chains, stimulating productivity and innovation, and achieving synergies across the UK’s industrial portfolio by seamlessly linking sectors in terms of supply, knowledge and market flow.
These sectors include (manufacturing industry, food industries to improve the level of food security, pharmaceutical industries, knitting industry, chemical industries, mining, agriculture and food security, and logistics services).
secondly: Engine future serviceswhich includes eight sectors including 85 initiatives, as the engine supports the realization of the Kingdom’s ambitions to develop a large, high-value, export-oriented economy with a strong presence of the knowledge economy, in addition to achieving excellence in service sectors with the aims to support national development and increase service exports at regional and global level.
This engine includes sectors (information and communication technology services, creative industries, electronic games, design, healthcare, financial services, trade and transportation).
Third: Jordan drives a global destinationwhich includes two sectors including 25 initiatives, where the engine directs the process of transforming the Kingdom into a major destination for specialized international tourists, especially in the fields of cultural and natural tourism, medical and hospital tourism, religious tourism, conference tourism, as well as for filmmakers by developing an globally specialized integrated system.
This includes the development of marketable experiences with a focus on those looking for unique and world-class experiences in the fields of heritage, natural, religious, medical, wellness and adventure tourism.
It also includes the establishment of modern studios, locations and backgrounds, enabling an international film university to establish a university campus in the Kingdom, to invest in high-level local productions and to promote it worldwide.
Fourth: Engine of leadership and creativitywhich includes seven sectors including 85 initiatives, where the engine directs the process to implement the necessary efforts to develop skills and prepare resources, systems and institutions ready for the future as a basis for future economic growth in the Kingdom and promoting the quality of life of citizens.
This includes preparing talents that keep pace with future requirements, resources and institutions that can accelerate Jordanian economic growth and quality of life goals.
This engine includes sectors (education, early childhood development, primary and secondary education, higher education, technical and vocational education and training, research, development and innovation, small and medium enterprises and entrepreneurship, and data).
Fifth: sustainable resource management, includes the energy and water sectors, which include 18 initiatives. The engine directs the process to implement the necessary efforts to improve the use and sustainability of natural resources in the field of energy and water to make room for economic growth in the Kingdom and to improve the quality of life of citizens.
It also aims to improve the use and sustainability of Jordan’s natural resources; To launch inclusive sectoral growth and improve the quality of life.
In the water sector, this includes improving the management of supply and demand for water supplies, encouraging sustainable water use practices capable of adapting to climate change, launching desalination projects to improve the financial security of citizens and implementing a strategy to reduce water losses. .
In the energy sector, this includes the development of an implementable roadmap for energy transformation to harness energy sources from renewable energy, hydrocarbons, hydrogen energy, etc. increase the strengthening of energy infrastructure (smart energy network, storage and handling, transport pipelines, etc.). Strengthening mechanisms to reduce energy costs, to reform the tariff structure, and to renegotiate energy procurement agreements. The optimal usage time … etc.
Sixth: engine investmentwhich includes 16 initiatives aimed at attracting foreign and local direct investment and improving the business environment, as this engine guides the development of policies to accelerate the process of benefiting from local and international investment, and the pursuit of an investment environment comparable to the best practices in the world.
The main initiatives of this engine will have a positive impact on investment attractiveness: development of a national investment strategy, development of plans to promote investment in specific sectors and fields, creation of a national and comprehensive environmental base for investment opportunities, including large projects and public-private. partner projects, development of advanced investor relations management systems, launches an ongoing initiative to improve Jordan’s international competitiveness and classifies it as one of the most attractive investment destinations, and launches investment incentives (financial and non-financial) focusing on the achieving impact with a clear evaluation framework.
Seven: the engine “sustainable environment”, which includes three sectors including 20 initiatives. The engine guides the process of implementing efforts to promote sustainable practices and actions related to climate change as an integral part of the potential of Jordan’s growth, while establishing safeguards to protect the Kingdom’s environment and resources for future generations. protect.
This endeavor is primarily aimed at promoting sustainable practices as an integral part of Jordan’s future economic growth and improving the quality of life.
These include sectors (green economy, green sector growth, green urban development)
Eight: Engine quality of life, which includes two sectors including 13 initiatives. The engine leads the implementation of comprehensive citizen-centered and environment-oriented efforts to improve quality of life and ensure that basic living standards are well adhered to with diverse lifestyle choices.
The engine aims primarily to improve the quality of life for all Jordanians through the development and application of comprehensive life concepts centered around the citizen and the environment.
The first sector (urban development), which includes 7 initiatives, is the development of the concept of “future cities”, the strengthening of the management of urban planning through the development of legislative systems and their harmonization with this concept, and the establishment of an urban research center and data observatory.
As far as the (quality of life) sector is concerned, initiatives include the development of smart mobility systems, the introduction of green and open space initiatives, and the expansion of the application of green building standards.