int@j reveals Jordan IT industry growth

IT sector rakes in nearly $883 million in 2007, reflecting an increase in both domestic and export revenues

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int@j reveals Jordan IT industry growth
By  Vineetha Menon Published  November 2, 2008

The information technology industry in Jordan has recorded a total revenue of nearly $883 million in 2007, according to the IT Association of Jordan - int@j

Domestic IT revenue accounted for approximately $686 million, reflecting a growth of 19% compared to 2006.

A 3% growth has been witnessed in Jordan’s IT exports from 2006, raking in more than $196 million. 20% of the country’s exports are going to Saudi Arabia, while other key markets include the USA (11%), UAE (9%) and Bahrain (5%).

The industry figures were compiled through int@j’s annual industry survey conducted in cooperation with MoICT and DOS. 89 out of int@j’s 90 members took part in the survey, with the association believed to represent nearly 55% of Jordan’s IT industry.

The telecommunications sector was not represented in the survey as Jordan’s Telecommunications Regulatory Commission (TRC) is responsible for compiling the numbers every year. According to the TRC website, figures have already crossed $1.1 billion in 2007.

Marwan Juma, chairman of int@j, stated that the issues affecting industry growth include the need to improve the business and investment environment, resolving doubts on the new export tax exemption and reassessing ICT industry taxes.

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