Jordan’s information technology revenue dropped by 15 percent to $732 million last year compared with 2009 because of a cut in government spending in the industry, the Information Technology Association of Jordan said.
“In 2010, the government’s spending on information technology was about 25 million dinars ($35 million), while in 2009 and the years before it was about 150 million dinars on average annually,” Abed Shamlawi, Chief Executive Officer of the industry body, said in a phone interview in Amman today.
Foreign direct investments in the information technology industry increased by $15 million last year to $143 million compared with 2009, according to the association.
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