by JT | Sep 30, 2013 | 23:20

AMMAN — Executive director of the Chinese Hunan Herui company, Li Jin Fu, on Monday expressed interest to invest in electricity-generating projects and the silica industry in the Kingdom, expecting the volume of investments to reach $2 billion.

During a meeting of several Chinese investors on Monday with Jordan Investment Board (JIB) acting Chief Executive Officer Awni Shdeifat, Fu said that encouraging financial returns of investments are among the major reasons that drive Chinese businessmen to begin economic ventures in energy and silica industry.

In a JIB statement sent to The Jordan Times, Fu was quoted as expecting the volume of Chinese investment in Jordan’s energy sector to reach $2 billion to generate 800MW of solar energy. For his part, Shdeifat stressed JIB’s keenness on offering all forms of facilities and incentives to investors in implementation of the Royal directives in this regard.