Additional Finance: Economic Opportunities for Jordanians and Syrian Refugees P4R (WB-P171172)

Countries
  • Jordan
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 28, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Planning and Internatiopnal Cooperation
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS May 8, 2020


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Project Description

According to bank documents, the project objective is to improve Economic Opportunities for Jordanians and Syrian refugees in Jordan. This is meant to be achieved through:

a) Improving formality and working conditions
b) Improving access to digital finance
c) Improving women economic opportunities through the care economy and better social norms
d) Improving export competitiveness 

Investment Description
  • World Bank (WB)
Contact Information

World Bank:

Name : Meriem Ait Ali Slimane
Designation : Senior Private Sector Specialist
Role : Team Leader(ADM Responsible)
Telephone No : 5220+85950
Email : maitalislimane@worldbank.org

Borrower:
Borrower : Ministry of Planning and Internatiopnal Cooperation -Jordan
Contact : Ms. Zeina Toukan
Title : Director of International Cooperation
Telephone No : 962 64634511
Email : zeina.toukan@mop.gov.jo

Implementing Agencies:
Implementing Agency : Ministry of Labor
Contact : Farouk Al Hadidi
Title : Secretary General
Telephone No : 962 6 01 02 03 04
Email : haitham.alkhasawneh@MOL.GOV.J

Implementing Agency : Jordan Investment Commission
Contact : Faridon Hartouqa
Title : Secretary General
Telephone No : 962 65608416
Email : fhartoqa@jic.gov.jo

Implementing Agency : Ministry of Industry and Trade
Contact : Youssef Al Chamali Title : Secretary General
Telephone No : 9621111111 Email : sg@mits.gov.jo

Implementing Agency : Greater Amman Municipality
Contact : Ali Al Hadidi
Title : Head of Vocational Licensing Department
Telephone No : 9621111111
Email : alihadidi@gam.jo

Implementing Agency : Jordan National Commission on Women
Implementing Agency : Ministry of Local Administration
Implementing Agency : Central Bank of Jordan
Implementing Agency : Ministry of Social Development

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.