Job Opportunities And Booming Economy In Jordan

Jordan, located in the continent of Eurasia is bordered by Saudi Arabia

, Iraq, Syria, Palestine, Israel and much of it is covered by the Arabian Desert. A modern nation, it is increasingly becoming a career destination choice for many professionals around the world. Jobs in Jordan are available mostly in sectors related to IT, banking, trading, tourism and various others.

The economy of Jordan is majorly supported by the exports of light manufactured products like textiles and garments for almost a decade. The liberal economic policies introduced by the King came across as a major boost for the countrys economy. It not only triggered the growth of Jordan but also helped it remain stable during global recession. Today, it is among the freest and most competitive economies of the Middle East region ranking even higher than the UAE and Lebanon in the 2009 Heritage Foundation Index. It is an emerging Business Capital of the Levant that is experiencing a complete metamorphosis from an aid dependent economy to the robust one. This is what creates thousands of jobs in Jordon for the skilled and able professionals both within and outside the country.

In the entire Arab world, Jordan has the maximum number of free trade agreements (FTA) with countries like US, European Union (EU), Canada, Malaysia, Singapore and many more while talks with numerous others like GCC (Gulf Cooperation Council), Lebanon, etc. are under process. Rapid privatization and liberalization has spurred growth at an overwhelming rate in its capital city Amman and urban center Aqaba. Huge investments are being made across various sectors with various special economic zones (SEZ) and industrial zones attracting big investors. The investment incentives like FTAs and low transportation costs for shipping are among the major pullers for steel and cement producers. The most interesting part is that despite being hit by economic slowdown, this country manages to sustain high levels of GDP growth and foreign investments. As a result, the boom in economy continues generating large number of jobs in Jordan.

One of the major problems of Jordan is its huge dependence on oil imports as the increase in their prices is putting enormous pressures on the economy. But, the focus of government on domestic developments in the form of housing and economic zones development initiatives is very promising. It is inviting knowledge based investments to create more and more jobs in Jordan so as to develop the economy and employ its own manpower in the process. According to Global Trade Enabling report, Jordan stood 4th in the Arab World last year after UAE, Bahrain and Qatar. The market access, the business environment, the transport and communications infrastructure and the border administration of the country were analyzed in the report. With Jordan included in top 5 countries to trade globally, it is evident that the country is an ideal trading destination for investors around the world.

Some of the other sectors offering jobs in Jordan include tourism, banking and real estate. It is especially dependent on future exports of uranium and ICT i.e. information and communication technologies along with trading and tourism of course. Even though the country is known for hiring semi-skilled workers, it is now increasingly offering career opportunities to the highly skilled expats. It is the 1st Arab country to incorporate these migrants in the labor law extending a wide range of benefits to them.

Among the most amazing facts on Jordan is that 2 Jordanian companies are listed in the Forbes Global 2000 list. Another one is that Amman, the country capital is the 4th most expensive city in the Arab World after Dubai, Abu Dhabi and Beirut.

by: mnknaukri

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