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Jordan Investment Corporation
Organizational Chart

The Corporation’s Departments and Units:

1.        The General Manager’s Office.

2.        The Studies and Projects Department.

3.        The Investment and Follow up Department.

4.        The Administrative and Financial Department.

5.        The Internal Monitoring Unit.

6.        The Computer Unit.

7.        The Administrative Development and Training Unit.

8.        Public Relations.

 

Studies and Projects Department

Tasks and responsibilities:

1.        Preparing and supervising both preliminary and final economic feasibility studies relevant to the projects to be established or evaluating these studies individually or in cooperation with local or foreign investment or consultancy parties.

2.        Making recommendations about the assessment and selection of consultancy firms qualified to prepare economic feasibility studies for the Corporation’s various projects.

3.        Participating in negotiations with consultancy companies to evaluate their offers and make recommendations in view of these evaluations.

4.        Following up and evaluating consultants’ reports about studies and making recommendations about them.

5.        Communicating with resident and non-resident Jordanian, Arab and foreign investors and informing them of economically feasible projects and inviting them to contribute to their capital and to implement them.

6.        Evaluating and following up on the implementation of new projects and making technical recommendations related to their tender conditions or any agreements reached in this regard.

7.        Participating in the establishment and follow up of projects in which the Corporation is party to from the beginning of the implementation stage to the beginning of production.

8.        Taking part in preparing studies necessary to rectify the situation of fledgling companies.

9.        Representing the Corporation in preparatory committees and external conferences of the joint industrial Arab companies.

10.    Preparing quarterly reports as needed about the department’s work and activities and presenting them to the Director General.

11.    Any other tasks, responsibilities and duties that the Board or the Director General assigns to the department.

 

Investment and Follow-up Department

Tasks and responsibilities:

First.           Duties and responsibilities of this department are as follows:

1.        Taking part in the formation of the Corporation’s investment policy.

2.        Joining the public and private sector in the implementation of projects that coincide with the Corporation’s investment policy.

3.        Executing the Corporation’s privatization policy.

Second.    This Department performs the following tasks:

1.        Implementing decisions and instructions issued by the Board of Directors and the General Manager pertaining to the following:

a.        Looking into, considering and recommending participation as founding shareholder in productive projects or joining others in existing projects within the adopted investment policy.

b.        Managing the Corporation’s funds in the local banks.

c.        Managing the Corporation’s investment portfolio.

2.        Preparing suggestions pertaining to the Corporation’s investment policy

3.        Saving investment records and performed all necessary accounting on them.

4.        Collecting achieved profits from the Corporation’s investments on due dates.

5.        Collecting and paying remunerations to the Corporation’s representatives on companies Board of Directors within the laws, regulations and instructions in effect.

6.        Following up on the implementation of the Corporation’s representation on companies’ Boards of Directors by following up the representatives’ reports.

7.        Following up on the state of work of companies in which the Corporation is contributing and making appropriate recommendations about them.

8.        Taking part in studying and addressing the status of fledgling companies through working committees formed for this purpose.

9.        Following up on the meetings of ordinary and extraordinary general assemblies and recommending Corporation representatives to attend these meetings and directing them to present the Corporation’s viewpoint on annual reports, general budgets and final accounts.

10.    Preparing quarterly reports and as needed about the status of companies and the Corporation’s investments.

11.    Any other tasks that the Board or the General Manager decides to assign to the department.

 

Public Relations Office

Duties and responsibilities:

1.        Communicating and coordinating with the various official and private media outlets for the purpose of promoting the Corporation’s activities and achievements and responding to what is published in the media about the Corporation.

2.        Handing out the Corporation’s booklets, brochures and quarterly reports in order to strengthen relations, cooperation and understanding with departments and institutions and with parties connected to the Corporation.

3.        Responding to queries by citizens, official and popular institutions using various communications means.

4.        Coordinating and following up on communications between the Corporation and similar Arab and international corporations as well as relevant Arab and international organizations.

5.        Finalizing travel arrangements for employees who are officially sent abroad in coordination and cooperation with relevant departments.

6.        Preparing programs for internal, official and orientation visits.

7.        Receiving visitors and guests and ensuring the travel of senior Corporation officials as per the rules.

8.        Preparing for formal celebrations and occasions pertaining to the Corporation in cooperation and coordination with the social activity committee.

9.        Taking part in the preparation of media campaigns related to the Corporation.

10.    Following up periodically on the preparation of media campaigns related to the Corporation.

11.    Communicating with the various media outlets for the purpose of promoting news, reports, articles and investigations of relevance to the Corporation’s objectives.

12.    Following up on what is written and broadcast about in the media about the Corporation and preparing suitable responses.

13.    Preparing reports and brochures about the Corporation’s various activities and accomplishments in cooperation with the Corporation’s departments.

14.    Organizing participation in seminars, conferences, meetings and training courses.

15.    Preparing all printed materials to be issued by the Corporation that are related to its accomplishments and activities in Arabic and English.

16.    Maintaining and updating brochures and printed materials issued by the Corporation.

17.    Any other business assigned to the office by the General Manager.

 

Administrative Development and Training Unit:

Tasks and responsibilities:

1.        Supervising the good level of implementation of the Unit’s administrative work and conducting administrative studies necessary for developing the work and simplifying procedures, as well as following up on the training of workers in the various training institutions and centers.

2.        Conducting administrative studies to develop the work in area of organizational structure, job descriptions, and following up the implementation of this matter with parties of specialty.

3.        Identifying the training needs and scientific scholarships for the Corporation’s employees in order to keep abreast with the plan for trading and developing workers in government institutions and departments.

4.        Studying the working methods and procedures in the Corporation for the purpose of simplifying methods and procedures, and making the necessary suggestions for their development.

5.        Communicating and coordinating with parties concerned with administrative development issues and cooperating with them to implement administrative development programs.

6.        Qualifying the newly appointed employees in the Corporation who are under probation, informing them of the Corporation’s system, objectives and tasks, as well as its administrative organization and relevant legislations, and civil service issues, in addition to informing them about job tasks and training them on work methods in the various administrative units.

7.        Representing the Corporation in activates and actions related to the nature and tasks of the Unit.