Tejari Jordan doubles growth in twelve months

With more than 150 new organisations trading via Tejari Jordan since mid-2004, Tejari Jordan is witnessing its most significant membership increases across such sectors as financial services, manufacturing, insurance and government.

"Tejari Jordan's growth is mirroring that of the country's economy, and its increased emphasis on e-government. Growing numbers of Jordanian businesses are realizing that online procurement is an efficient way for them to reduce costs and save transaction time by automating their buying processes," said Yazan Hatamleh, Tejari Jordan's Managing Director.

Fueling Tejari Jordan's rapid growth rate are the more than 150 new members, from banks to manufacturers, which have joined the online trading community in the last year. Over the past twelve months, organizations such as Alzai Manufacturing, Aramex, Jordan Bank, Jordan Kuwaiti Bank, Arab Orient Insurance, Commercial Bank of Jordan and Estarta have all come on board. Tejari is also targeting new members in the aviation and fast-moving consumer goods sectors.

New Solutions and Services to Fuel Further E-Business Adoption

Within the next quarter, Tejari Jordan plans to locally launch three new procurement services that were recently previewed at GITEX, the premier Gulf Information Technology Exhibition. Tejari Expert is a strategic consulting service aimed at increasing cost savings for companies that have already migrated to online procurement. The service provides a comprehensive overview of procurement for large buyers currently trading on Tejari Jordan that can save them 15% in online procurement.

A second offering, Tejari Link, is aimed at creating online procurement opportunities for the region's thousands of small- to medium-sized businesses. Tejari Jordan has identified a specific need for Tejari Link as more than 80% of Jordanian businesses are part of the SMB segment.

Tejari Tender is a paperless tender service which enables large tender documents to be created and viewed more quickly and efficiently online. This new solution is particularly relevant to Jordan's construction industry as $5 billion in construction initiatives have recently been announced, including a $1 billion new downtown area for Amman.

"Tejari Jordan is launching these three new services to meet specific market demands and conditions -- they address the online procurement needs of the smaller organizations as well as the largest enterprises in the country. Increased awareness about the benefits of online procurement as well as new offerings such as these will continue to spur Tejari Jordan's growth throughout 2006," added Hatamleh.