JORDAN NATIONAL INFORMATION AND COMMUNICATIONS TECHNOLOGY STRATEGY (2013-2017) Strategic Objectives Initiatives Actions 1. Improve Business & Investment Environment. 1.1 Legislative and Regulatory Framework 18 Enhancement 1.1.1 Revision of the telecommunications law. 1.1.2 Revision of and passing the proposed amendments to the ETransactions law and related regulations. 1.1.3 Drafting and passing new E-Payment regulations based on the approved amendments of the e-transaction law. 1.1.4 Introducing a new Privacy Act. 1.1.5 Passing of the PPP law (or officially recognizing partnership modalities which are attractive to the private sector) to facilitate private sector involvement in national ICT infrastructure investment. 1.1.6 Propose and draft a Venture Capital Legislation Responsible Stakeholders MoICT, TRC, Council of Ministers, Parliament MoICT, TRC, Central Bank of Jordan, Council of Ministers, Parliament, Central Bank of Jordan, Council of Ministers, MoICT, TRC, Ministry of Interiors Council of Ministers, Parliament Council of Ministers, Parliament MoIT, JIB, INT@J, MoP, Private 18 Start Date & Duration Already started, to be completed by end of 2013 April 2013, duration six months Resources Required None Key Performance Indicators  Passing of proposed Amendments. None  Passing of proposed Amendments. July 2013, duration six 19 months July 2013, duration six months None  Passing of proposed Amendments. None  Passing of a new act. July 2013, duration six months None July 2013, duration 15 150 K JD  Passing of PPP law or official recognition of specific partnership modalities.   A VC Legislation Draft & Issuance Suggested timeframes includes submitting suggested legislative amendments to Council and Ministers which forwards it to Opinion and Legislation bureau for revision and finalization before submitting to Parliament. It does not include the revision and approval phase at Parliament. 19 Active new e-payment regulations will be subject to the approval/passing of the e-transaction law amendments. 26