Original disclosure @ IFC website
Updated in EWS Feb 27, 2019
Disclosed by Bank Feb 17, 2019
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According to IFC's project disclosure information, Jordan’s Ministry of Education (MoE) aims to implement a multi-year program to build up to 600 new schools to alleviate the shortage of schools in the country. This program will be implemented over the next decade, and IFC will work jointly with the European Bank for Reconstruction and Development (EBRD) to provide transaction advisory support to MoE to design and implement a pilot project comprising the design, financing, construction, and maintenance of elementary and secondary schools under a Public Private Partnership model.
The pilot project is expected to increase children’s access to education by alleviating school shortages and improving the quality of their learning environment by reducing the number of overcrowded class rooms and rented schools. The project is expected to mobilize private financing to fund the capital investment needed to build, equip, maintain and provide non-pedagogical services.
*Contact information not provided at the time of disclosure*
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