Franchise Opportunities in Jordan
Popular franchise directions in Jordan
Attractiveness of Jordan for the development of franchise business
Jordan is a relatively small country located in the Middle East. The population is 10,083,306 people including 84.13% who live in an urban area. Its capital and largest city, Amman, contains 1.28 million people. Other large cities of the country are Zarqa (792,665 ppl), Irbid (307,480 ppl), Russeifa(268,237 ppl), and Wadi Al Seer (181,212).
The country has an emerging knowledge economy. The main issues Jordan's economy faces are scarce water supplies, complete reliance on oil imports for energy, and regional instability.
However, there were several governmental reforms implemented to improve the economic stability and attract investments.
If an entrepreneur is willing to start a company in Jordan, they should consider such businesses as Fuel (Filling) Station, Transportation, Education Consultancy, Hair Salon, Electronics Repair Workshop, Provision Store.
Jordan is open to new international franchises and local entrepreneurs are interested in doing franchise business. Especially in demand are franchises operating in a service sector and fast food industry. Retail franchises are also popular, despite the country has limited capacity for the number of franchise outlets.
The main player on the Jordan's franchise market is definitely the USA, there are a lot of representatives of the country in Jordan, including Applebee’s, ACE Hardware, Ruby Tuesdays, KFC, Pizza Hut, Starbucks, McDonald’s, and Burger King.
There are high investment business opportunities, as well as cheap franchises in Jordan presented for review, the choice is yours.
Indicators of Jordanian Business Market
Currency: Jordanian dinar (JOD, دينار)
Education Index (2015): 0,701
Official languages: Arabic
Per capita GDP (PPP): $9,406
Quality-of-life index (0-10): 5,63
Population: 10,41 mln
Total GDP (PPP): $93,159 billion
Ease of Doing Business Ranking, Rank: 104
Human Development Index (HDI): 0,735