• ICT

    OBG’s coverage of the telecoms sector looks at market structure, regulatory framework, government goals, foreign participation and the roll-out of new technologies. Our ICT analysis reviews hardware and software markets, corporate spending, national bandwidth and government support.
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How are local operators diversifying their services, and which new digital services will drive growth?

 

E-government services will play an important role in supporting Jordan’s mid-term development strategy. The Jordan Economic Growth Plan (JEGP) 2018-22 targets 12% annual growth in the ICT sector during the period. Planned improvements to the kingdom’s business environment entail launching new online business licensing and other services, while...

 

Holding the potential to become a major economic growth driver, Jordan’s ICT sector has seen decades of robust telecoms expansion and a liberalisation agenda launched in the early 2000s, supporting rapid growth in mobile penetration and internet usage.

Chapter | ICT from The Report: Jordan 2018

Holding the potential to become a major economic growth driver, Jordan’s ICT sector has seen decades of robust telecoms expansion and a liberalisation agenda launched in the early 2000s, supporting rapid growth in mobile penetration and internet usage. Jordan’s ICT sector has been the focus of a series of recent government reforms aimed at supporting macroeconomic growth, with new lending...

As ongoing volatility continues to hamper growth in the region, Jordan has made significant progress in preserving macroeconomic stability and reducing its fiscal deficit in the past few years. Efforts to the fulfill the stipulations of a $723m extended fund facility agreement with the IMF continue, and the government may need to pursue more widespread reforms to increase income tax revenues and limit tax avoidance so as to sustain recent momentum.

 

The liberalisation of the telecoms sector has seen the IT industry expand at a considerable pace. While it still has a lot of catching up to do with regional peers, local businesses and communities are rapidly adopting new technologies, and the potential for expansion into to new economic segments is clear.