(MENAFN - Jordan Times) Slowdown in construction activities in the Gulf area has prompted British companies to explore more projects in the region, particularly in Jordan, according to a UK business association.
"British firms used to focus on projects in Gulf countries, but due to the slowdown there caused by the global financial crisis, particularly in Dubai, these companies changed their views," Dominic James, the director of Middle East and Africa at British Expertise, said.
James, who headed a business mission consisting of 15 senior officials from four construction firms, added that the global downturn also forced British firms to look for projects outside the UK.
In an interview with The Jordan Times on Tuesday, after concluding meetings with government officials and representatives from the private sector, he indicated that Jordan is going through a construction boom to develop the infrastructure, health, education and tourism sectors.
"Jordan is in the process of huge development and British Expertise will increase the awareness of UK companies about business opportunities available in the country," he elaborated, pointing out that a larger delegation will visit Jordan in June next year.
Noting that there are only a few firms from UK operating in Jordan, James expressed confidence that the country is in a good position to attract more British companies, even those based in the Gulf region.
British companies can take part in the expansion of Queen Alia International Airport through their expertise in logistics and warehouses, in addition to transportation infrastructure projects to be developed by the Greater Amman Municipality, he indicated.
In addition to several and growing opportunities, Jordan can be a hub for other countries in the region such as Iraq, Syria and Yemen, he noted, stating that the business mission will help British companies identify projects and meet potential clients.
British Expertise is an independent not-for-profit trade organization based in London set up to help UK consultants and other professional services.
By Omar Obeidat
An Open Letter to Rania Al Abdullah of Jordan
9 years ago
Thats true there is nothing wrong in concentrating on the area from where you will get business now there is lot of development and cosntruction going in Jordan.As economical financial crisis has also affected Dubai so the british firms has shifted their interest from Dubai to Jordan.
ReplyDeleteThanks,
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