Jordan IPP (IFC-601377)

  • Jordan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 28, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 0.73 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Sep 14, 2017

Disclosed by Bank Aug 30, 2017

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The project key components and activities will advance the WBG TA Portfolio in Jordan and will contribute to implement activities within the "Economic Opportunities for Jordanians and Syrian Refugees Program for Results" operation, which takes a holistic approach to the Syrian refugees? influx, targeting both the Jordanian host communities and the refugees in Jordan. The project will address reforms impacted by the Jordan PforR disbursement linked indicators (DLIs) on improving investment promotion, investment climate, and labor market. Objective 1: Improvement of the national investment policy framework and the effectiveness of investment promotion Effective targeted investment promotion requires four key elements: (1) sector prioritization for proactive FDI targeting, (2) adequate institutional resources and capacity to design and implement outreach campaigns, (3) a clear FDI attraction strategy (or plan) and (4) strong operational capacity. Therefore, JIC must evolve towards having a professional and dedicated investment promotion function, and its investment promotion unit capacitated to operate effectively with an organized personnel with a private sector mindset. The investment promotion support to JIC will focus on: 1.1. Capacity building and lead generation activities 1.2. Investment retention and aftercare 1.3. Reforming investment incentives Objective 2: Improvement of the national institutional and regulatory framework to promote development of linkages between FDI and domestic SMEs The project will support the GoJ to develop and implement an investment linkages strategy, which is aimed to improve linkages between Jordanian companies and foreign investors. The work on this component will maximize the value of FDI for the whole domestic economy, and at the same time will help foreign investors to operate in a more efficient way and therefore encourage them to retain and reinvest in Jordan.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at

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How it works