The USAID Jordan Competitiveness Program (JCP) is the signature economic development activity of the U.S. Agency for International Development (USAID) in the Kingdom. Now in its sixth year, JCP has devised an approach that structures its interventions within four complementary work streams: Adding Value to the Jordan Compact, Increasing Exports, Promoting Investment, and Improving the Climate of Doing Business in Jordan.
To these ends, USAID JCP works with policymakers, business associations, and the private sector to draft and advocate for enabling legislation and regulation; leverage these policy interventions to stimulate exports and attract foreign direct investment; and ensure that these investments result in employment opportunities for Jordanians and, where appropriate, other residents of the Kingdom.
JCP constantly looks for new opportunities, capitalizing on the project’s reputation as an agile Implementing Partner, able to turn quickly identified opportunities into action. JCP will support promising initiatives that have high potential to enhance the competitiveness of the country and create high-value jobs.
From developing forward-thinking policies that make it easier for outside investors to set up businesses in Jordan, to working with the government and private-sector institutions to promote Jordan as an investment destination, to facilitating individual investments—the USAID Jordan Competitiveness Program adds value at every level of the investment continuum.
To assist the Government of Jordan with managing agreements with the international community aimed at mitigating the effects of the Syria refugee crisis and turning that crisis into an economic development opportunity, the USAID Jordan Competitiveness Program established the Jordan Compact Project Management Unit (PMU) at the Ministry of Planning and International Cooperation.
Jordan has long been known as a regional export powerhouse, but with virtually all of the country’s neighboring markets either consumed by war or its cascading impact on their economies, the Kingdom has had to develop an agile strategy for looking toward new markets. The USAID Jordan Competitiveness Program has been at the forefront of this effort.
Recognizing that innovation and entrepreneurship are key to competitiveness, the USAID Jordan Competitiveness Program worked to help create a center for innovation and entrepreneurship at the King Hussein Business Park and to engage major supporting organizations in the innovation ecosystem.
Through its intimate knowledge of Jordan’s high-value knowledge-economy sectors, the USAID Jordan Competitiveness Program has been well-positioned to work with key sector players in the private and public spheres to advocate for measures—including laws and regulations—that create a more enabling environment for local businesses and international investors.
To leverage Jordan’s competitive advantages and apply global best practices from around the world, the USAID Jordan Competitiveness Program conducted comprehensive diagnostic analyses to develop a strategy focused on three opportunity sectors: Information and Communications Technology (ICT), Clean Technology (CT) and Healthcare and Life Sciences (HLS).