The World Bank is currently contemplating the possibility of providing support and financing to a Jordanian program valued at $321 million according to Al-Mamlaka.

The program aims to enhance individual-centric digital governance and aid the roadmap for public sector modernization and digital transformation in Jordan, which is a fundamental pillar of the Economic Modernization Vision (EMV).

The program is expected to be presented to the World Bank in the upcoming months to be reviewed by its board of directors.

The total government funding is aimed to be more than USD545 million while focusing more on areas such as health and education.

The program also encourages transparency and government efficiency through digitalization.

Jordan aims to implement this program within 4 years, it will focus on increasing the usage of digital identity systems that focus on individuals.

The program also facilitates data sharing between government agencies and the private sector, building a digital infrastructure and aiming to increase ease of use.

The Economic Modernization Vision (EMV) aims to double the annual growth rate of the Jordan to 5.6% over the next decade.

The strategy aims to make governmental services fully digitalized by the year 2025, this includes initiatives such as:

• Digital identity.
• E-Payments.
• Open government data.
• Resource management.

Over 800,000 users have activated their digital identities by the start of February 2024, the Jordanian government aims to increase the userbase to 3.5 million by the start of 2025, facilitated through user activation at banks, government service centers and companies.

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Jordan is investing in increasing the output of the Risha field to increase its Gas production by 566%.

As a plan to improve and expand the local energy field, Jordan is investing in and developing the Risha field in northwest Jordan.

The plan is to increase the production of the field from 849,505 cubic meters per day to 5,663,369 cubic meters per day said the chairman of the Energy and Minerals Regulatory Commission, Ziad Al-Saaydi.

He also informed businesses at Irbid Chamber of Commerce and Industry in north Jordan that the project is a must to ensure Jordan’s self-sufficiency in local energy consumption and to meet the annually increasing demand in the industrial sector of the country.

Ziad Al-Saaydi also revealed that Jordan is building two plants in the northern and southern parts of Jordan to receive and process gas.

Risha Field is owned by National Petroleum, which is an oil and gas company that offers assets and services such as management, production, drilling, operations and the development of oil and gas assets.

They also carry out production within the kingdom and abroad, yet the headquarters for the company is stationed in Amman, Jordan.

Risha Field was discovered in 1986 by the Natural Resources Authority which continued exploration until 1995 until its transfer to the National Petroleum Company.

The Risha Concession Agreement was signed in 1996 and is valid for 50 years, with the possibility of extension. Under this agreement, the National Petroleum Company (NPC) has been granted the right to explore and produce oil within the concession area, as well as undertake any related operations.

This includes the exploration and development of oil and natural gas, production, marketing, and transportation of gas and oil extracted within the Kingdom.

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