Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Last Published: 12/17/2018

Jordan market opportunities can be summarized as follows:
Over the past decade, Jordan has invested in alternative and renewable energy, including wind and solar.
 
The renewable energy market for equipment and services is around $ 40mn and the U.S. share is five percent. This percentage is expected to grow as U.S. and other foreign companies implement new wind and solar projects in Jordan.
The conventional energy sector, particularly power generation, municipal gas systems, nuclear power, and oil shale development, are key sectors of growth.
 
The Information Communications and Technology (ICT) sector is the fastest growing sector in Jordan’s economy. The sector accounts for more than 80,000 jobs, comprising 12 percent of the GDP. There are 500 companies operating in telecom, IT, online and mobile content, business outsourcing, and games development.
 
The telecommunications sector is liberalized with the internet and smart phone penetration at 75 percent and 65 percent, respectively. Jordan has roughly 6.6 million mobile phone subscriptions, representing a 108 percent penetration rate.
 
Opportunities abound in e-health, with pilot programs in three hospitals based on electronic health solutions. Medical tourism draws large numbers of patients to Jordan. In 2014, 250,000 patients traveled to Jordan for medical treatment, generating $ 1.2 bn in revenue.
 
Jordan’s tourism industry, long a backbone of the economy, suffered between 2013 and 2016 due to regional strife, but rebounded in 2017, creating new opportunities for U.S. hospitality and travel firms. The number of foreign travelers to Jordan rose 8.7% in 2017 from 2016, and tourism revenues in 2017 increased by 12.5 per cent, up to $4.6 bn, compared to $4.1bn in 2016 (Source: Central Bank of Jordan/Jordan Times). 
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.