This event came as an example of the various services provided by int@j for its Members, specifically the services that aim to enhance public-private partnership and encourage communication between the two sectors.
The breakfast kicked off with an address by Dr. Al-Zu’bi that presented several constructive suggestions that, if applied, will benefit ICT companies in Jordan and enable them to grow and prosper.
During his speech, Dr. Al-Zu’bi elaborated on how foreign investment is an important catalyst for company growth and speculated on the factors that could increase chances for major investment:
“The fairly small size of most Jordanian ICT companies is reflective of how young the sector is in Jordan. Global companies looking for opportunities to invest usually choose larger-sized companies. Thus, a valid approach to increase investment chances is mergers between different Jordanian companies”.
Mr. Nashat Masri, a partner at Foursan then elaborated on the recent union between two int@j Member companies, Zeine Technological Applications and ONEWORLD Jordan as an example of such mergers. This combination formed Estarta Solutions with Microsoft and Foursan Group as key investors.
Explaining some of the factors that ensured the success of this partnership, Mr. Masri stated that the desire to have Microsoft as a major strategic partner, the business logic of the proposition and the fairness of the deal were key in translating suggestions into tangible results. The support of the government and the ability to deal with various social challenges were also instrumental in securing the transaction.
Dr. Al- Zu’bi then presented attendees with a brief on the ICT training program for university students that was recently launched by the Ministry of Information and Communications Technology in cooperation with int@j and what steps will be taken to ensure its success. This program provides an organized structure for the training that these students receive at various private companies. It aims to create relevant training opportunities for ICT students and develop the skills they require to make a successful entry into the labor market.
Mr. Marwan Juma, int@j Board Member and head of Data Communications committee then took the opportunity to highlight the importance of Member participation in the ‘I-Key’ industry survey currently managed by int@j.
“Submitting updated company information is the only way to ensure accurate data and statistics about the Jordanian ICT sector”, said Juma.
Thursday, May 30- 2002 @ 11:01 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.