Firm-Pool
	German Arab Market Cooperation and Technology Transfer (GACT) (Firm-pool) Introduction Innovation is the key to ensure international competition, supporting national economy, and creating job vacancies. It is known that technical innovation depends on scientific and high-tech bases. Previously, innovation was only expected to take place within the available range of each firm’s personnel, sources of data, and information and financial abilities. Nowadays, and as a result of the rapid growth of innovation among all sectors, the ultimate co-operation between a combination of various fields of knowledge becomes necessary. This will result in reduction of costs on all parties while obtaining modern problem-solving methods. In Germany, 1 out of 6 industries are depending on transferring information and research from other sources like specialized institutes or consultation firms. Therefore, the importance of technology transfer is becoming more and more vital and thus the co-operation between all parties should be considered. This cooperation should also take place on a national and international basis where the third world and transient countries are of highest priority. Why GACT in Jordan? Jordan as part of the Arab countries is considered to have the most stable economical and political condition, which makes it an attractive area for many investors. In addition, Jordan offers European enterprises all possible facilities to carry out their investment projects. Since many years, Jordan Government is building a policy for sustainable resources and environmentally friendly development strategy. Therefore, there is a high potential of introducing an extension strategy for energy-saving and environmentally friendly technology. Though, most of the European enterprises have found no access to Jordanian and Arabic market. As a result of rapid growth of science and technology, it is expected that distinguished technological turning points will take place within the next decade. Thus, the already existing gap between industrial countries and developing countries will widely increase. Therefore, it is essential to concentrate all the efforts to overcome and lessen this gap as much as possible. Jordan, as well as other developing countries, is in deep need to catch-up with the latest environmental solutions for various existing complicated problems. Most of these tribulations are water scarcity, energy resources, municipal and industrial wastes, and environmental hazardous products. This represents a great challenge in order to handle these problems under the current limited financial abilities. GACT in Jordan will play a main role in organizing efforts and directing them through wide communication and coordination between European enterprises and their relevant Jordanian factories, companies, and other concerned enterprises. It is worth to point out, that all the existing European Jordanian cooperation efforts are limited to a small level built on personal contacts which makes the German Jordanian market to be inadequately successful. Thus, GACT as a unique establishment, aims to a comprehensive coordination within all involved public and private firms, and accordingly, ensure saving much efforts while achieving best results. GACT, a Firm-Pool Concept By their market access in Jordan and Arab countries, many European enterprises are restrained by language, administrative, structural, and cultural barriers. This is in addition to the after-sales service obligations. To overcome these crucial obstacles and to build a supporting technological cooperation with partners in Jordan and Arabic counties, GACT concept has been developed. - Many firms and enterprises build a commmon-interest firm-pool and initiate their market access including preparation and follow up through a common regional GACT office in Jordan. - This would reduce cost and minimize thee risk potential. GACT office and its entire qualification and possibilities will be dedicated evenly to the firm-pool members. - The local individual and inexpensive suupport and supervision will be a part of GACT manager obligation Dr. Eng. Mustafa Jaar , the market acquisition expert who was an area manager for different European companies for many years Advantages - Low cost, time minimization, and minimuum risk potential through the common regional office that represents different companies - Supervision and consultation for each iindividual company profile - Dedication of the firm-pool manager exccellent experience and contact potential to the responsible governmental ministries and institutions as well as to the private sector enterprises. - Make use of the synergy effect through the firm-pool cooperation effort - To support and strengthen technology trransfer between European companies and industrial sector in Jordan. - Encouraging local establishment and facctories towards developing their products to catch-up with international standards. GACT Activities and Services - Selection, auditing, pre-investigation,, and evaluation of potential business partner and assistance by technology cooperation with Jordanian partners. - Build contact links between cooperationn partners and the related ministries, chambers, associations, and private enterprises. - Creating a high level data and informattion bank for various industrial fields. - Uprising quality specific information aaccording to request profile. - Preparation and supervision of businesss visits and meetings - Translation and correspondences - Utilization of firm-pool office facilitties in Jordan by the business visits - Partnership coordination for projects hhandled through joint ventures. - Individual consultations for specified problems. - Up to date studies in market research aand analysis. - Feasibility study for potential projectts. - Initiating and operating research projeects - Assist local firms in their seek to finnd out suitable specialized international organizations for different international projects and proposals. - Organizing subcontracting companies thaat are able to implement specific tasks of the project at low cost to make the firm-pool company able to compete in the international tenders. - Visit the companies that are interestedd in the firm-pool in Germany to make the necessary preparation through the GACT manager
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