Oracle set to invest $3mn in Jordan

The US software firm will provide training and application licences.

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By  Dylan Bowman Published  May 22, 2007

US software giant Oracle is investing more than $3 million in Jordan, aimed at driving growth in the country's ICT industry.

The company will reinvest over $1 million in consultancy and training services and an additional $2 million in application licences to be used in upcoming projects at various ministries within the government.

The investment is part of a memorandum of understanding (MoU) the country's Ministry of Information and Communications Technology (MoICT) signed with Oracle and its local partner UTS at the World Economic Forum held last week in Jordan.

"This cooperation between the MoICT and Oracle-UTS is essential to building capacity in the Jordanian ICT market, a long-standing strategic objective of the ministry," said MoICT minister Bassem Roussan.

Jordan also signed agreements with technology heavyweights Microsoft, Cisco and Intel at the forum.

The MoU with Microsoft is set to cover the use of the software giant's technologies in Jordan's public sector. It will also support government ICT-related programmes.

Both Microsoft and Oracle said they plan to sign strategic framework agreements with MoICT later this year.

The Jordanian government and Cisco announced they have extended their partnership, first signed in 2004. The networking company will continue to roll out the country's broadband network and e-government infrastructure.

Under Intel's MoU with Jordan, the chipmaker will develop an online training programme for teachers.

Intel said the programme, scheduled to launch in 2008, would be free of charge.

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