devinitorg/iati-policy-markers huggingface dataset:
Microfund for Women (MFW) The project involves an up to $3.0 million loan or JOD 3.0 million with an IFC 50% partial credit guarantee (PCG) and a comprehensive technical assistance (TA) package to Microfund for Women (MFW or the company), the leading microfinance institution in Jordan.  The purpose of the loan is to support MFWs microfinance lending operations through its nine branches covering central and northern Jordan: in the following areas; Raghadan, Nazzal, Wehdat, Baqaa, Russaifeh, Zarqa, Jerash, Madaba and Irbid. The proposed loan will also allow MFW to introduce new products such as micro-leasing, home improvement loans, education loans and provide comprehensive financial services on a commercially sustainable basis for low income women and reach greater scale.    PEP-MENA is expected to design a TA package for MFW, which may include introducing micro-leasing and Board of Directors (governance) training.  In addition, IFCs Gender Entrepreneurship Markets (GEM) program is expected to assess the financial needs of women clients and based on their findings, develop new financial products for women clients. The developmental impact of MFW is expected to be high and far reaching in terms of its economic support for productive micro and small businesses, stimulus for employment generation in Jordan.  Specifically, IFCs investment is expected to have a high development impact in the following key areas:  - Significant contribution to economic development through IFCs support of the strengthening of a microfinance company and the more ample range of financial products that were previously not available to microentrepreneurs; and  - Significant direct contribution to poverty reduction: this project is expected to reach an estimated 24,000 new micro and small entrepreneurs and increase employment and income generation for over 40,000 citizens, primarily in rural areas, during the tenor of the loan.
Tafila Wind D The project consists of the construction, operation and maintenance of a 117 MW wind farm and associated facilities in the Tafila region of Jordan some 180 km south of Amman and 180 km north of the Port of Aqaba (the Project). The Project will be an independent power producer (IPP) and all the output generated will be sold to the countrys single buyer, National Electric Power Company (NEPCO), under a 20-year Power Purchase Agreement (PPA). The Project is expected to be Jordans first renewable energy IPP. The Project''s development impact includes generation of much needed energy from a domestic, renewable resource, providing for (i) diversification of the fuel mix and (ii) energy security; (iii) displacing expensive thermal power; (iv) avoiding greenhouse gas emissions; and (v) demonstrating the viability of renewable energy financing in Jordan.
Adenium Jordan-1 Adenium comprises 3x10 MW solar PV power plants (Zahrat Al Salam, Al Ward Al Joury and Al Zanbaq) located in the Maan Development Area (MDA), South of the capital Amman, Jordan, with an estimated project cost of US$30 million (the Project) for each individual project, leading to a combined project cost of US$90 million. All output generated by the Projects will connect to a newly built substation in MDA and will be sold to Jordans National Electric Power Company (NEPCO) under a 20-year Power Purchase Agreement (PPA). The Project is part of the GoJs Renewable Energy Program, which aims to increase renewable energy contribution to 10% of the countrys generation mix by 2020. The combined projects will: (i)	generate over 78 GWh (at P50), meeting the growing demand for electricity in Jordan, serving approximately 37,000 customers annually based on a per capita consumption of 2,100 kWh;  (ii)	diversify the fuel mix for Jordan and provide for energy security by generating electricity from a domestic resource;  (iii)displace thermal power that has a marginal cost of approximately 30% above the tariff helping to alleviate the losses borne by NEPCO;  (iv)avoid greenhouse gas emissions (GHG) of approximately 47,000 tons of CO2 per annum
Queen Alia II Airport International Group (AIG) was created in November 2007 to implement the project consisting of the rehabilitation, expansion and operation of the Queen Alia International Airport (QAIA) in Amman under a 25-year concession awarded by the Government of Jordan (GoJ).  The concession required AIG to rehabilitate and operate the existing passenger terminals of the airport and related airside facilities, construct and operate a new passenger terminal, and demolish the existing terminals once the new terminal is fully operational.  AIGs works were planned be completed in two stages.  Stage 1 was completed in June 2013 with the new terminal opened for traffic in late March 2013.  The current project consists of an expanded Stage 2 (the Expansion), planned to be implemented over the 3-year period 2014-2016 to increase the capacity of the airport. The project will enhance the transport infrastructure in Jordan which will (i) enhance the revenues of the Government of Jordan through the generation of additional royalties via the payment of a concession fee; (ii) support the tourism industry of Jordan, facilitating the increased number of tourists in Jordan and indirectly supporting the country''s economy; (iii) preserve local jobs with the additional construction lasting three years and further developing local talent and expertise; and (iv) increase efficiencies and reduce costs across the value chain.
Tamweelcom II The project entails a straight senior term loan to Jordan Micro Credit Company Tamweelcom, a leading and well-managed microfinance institution in Jordan. The purpose of the loan is to provide Tamweelcom with the needed financing to continue serving and grow its strong client base. (i)Access to finance: The proposed Project would support Tamweelcom, one of the largest and well managed MFIs focusing on women, expand its outreach and serve a larger number of low-income people in Jordan. Through its well established network of 23 branches in the different areas of the Country, the project would be supporting the company is reaching out to more of the underserved segments of the society and thus expand their business activities and subsequently finance their day to day consumer and family needs.  (ii) Job creation: MSMEs are key contributors to job creation in the Country and accordingly developing a vibrant MSME sector, with reliable access to finance, can play a significant role in private sector led economic growth, generating employment and providing opportunities to the poor.
ISC-Flat6 Jordan The IFC equity investment in Flat6Labs Amman (F6LA or the Fund) would consist of up to USD2 million in the Fund which is a startup accelerator and early stage venture capital fund raising USD 20 million to invest in around 90+ Jordanian startups. This investment will fall under the IFC Startup Catalyst initiative, which supports entrepreneurship and innovation at the earliest stages. (i) Address funding gap for seed stage investments: Flat6Labs Amman will support approximately 90+ early stage companies, helping to fill the void of early stage capital. More broadly, IFC would like to help build and support local, sustainable ecosystems for entrepreneurship and venture capital. (ii) Catalyze and support local entrepreneurship: Through its bootcamp, acceleration cycles, and various internal and external events, Flat6Labs Amman will provide the capital and know-how to support entrepreneurship. (iii) Job Creation: Since its inception, the Flat6Labs platform has generated more than 3,000 jobs across the MENA region. Similarly, F6LA's graduated companies are expected to create high skilled jobs to match the highly educated workforce in Jordan and spur economic growth.
Jordan India Fertilizer Company Indian Farmers Fertilizer Cooperative Limited (IFFCO), India and Jordan Phosphate Mines Company PLC (JPMC), Jordan have formed a joint venture, Jordan India Fertilizer Company LLC (JIFCO) for the construction and operation of a 475,500 metric tons P2O5 per annum (MTPA) phosphoric acid plant in Eshidya Maan Governorate, Jordan (the Project).  The bulk of the phosphoric acid will be exported to India to be used as feedstock for IFFCOs Kandla fertilizer plant in Gujarat state. The Project will include a greenfield phosphoric acid manufacturing complex in Eshidiya and a storage tank farm in Aqaba to facilitate export of phosphoric acid via Aqaba port. Rock phosphate from JPMCs Eshidiya mines will be used by the Project for the production of phosphoric acid. The expected development impact of the Project includes: (i) creating permanent employment opportunities in the Project area (estimated 440 permanent jobs) as well as temporary construction jobs (estimated 750 on average); (ii) helping increase Jordan's industrial exports by generating approximately US$2 billion in export revenues over the life of the proposed IFC investment; and (iii) linkages with national suppliers as the Project is expected to award at least US$140 million worth of contracts to local firms.  In addition, the Project is assisting the largest fertilizer producer in India to meet increasing demand for fertilizer by Indian farmers, particularly in the supply of phosphate, a critical element in nutrient growth and part of the Government of India's strategy to increase its usage.

As part of project supervision process, IFC will track the following indicators:
(a) number of new jobs created,
(b) export revenues from the Project, and
(c) amount of contracts awarded to Jordanian firms.
Arabia One Solar Arabia One is a 10 MW solar PV power plant located in the Maan Development Area (MDA), South of the capital Amman, Jordan, with an estimated project cost of US$30 million (the Project). All output generated by the Project will connect to a newly built substation in MDA and will be sold to Jordans National Electric Power Company (NEPCO) under a 20-year Power Purchase Agreement (PPA). The Project is part of the GoJs Renewable Energy Program, which aims to increase renewable energy contribution to 10% of the countrys generation mix by 2020. The Projects will: (i)	generate over 22 GWh (at P50), meeting the growing demand for electricity in Jordan, serving approximately 10,000 customers annually based on a per capita consumption of 2,100 kWh;  (ii)	diversify the fuel mix for Jordan and provide for energy security by generating electricity from a domestic resource;  (iii)displace thermal power that has a marginal cost of approximately 30% above the tariff helping to alleviate the losses borne by NEPCO;  (iv)avoid greenhouse gas emissions (GHG) of approximately 13,000 tons of CO2 per annum.
CTI Group I Established in 1990 as a cement and clinker trading company, CTI Group Inc. (CTI or the Group) now ranks among the largest specialized cement carrier fleet owners in the world. The Groups activities cover all aspects of logistics for the specialized cement trade including trading, handling, and transport. The Group is embarking on an investment program that will renew and expand its fleet. The fleet renewal will help CTI reduce its operating costs (staffing and insurance), optimize its fleet structure and expand its transport operations.   Over the next three years, the Group will need to fund vessel acquisitions & dry docking costs, and debt refinancing (the project).  CTI plans to finance the project by a combination of IFC debt and equity, commercial debt, and cash from operations.  The short term tenor of CTIs existing debt is a constraint to the implementation of the Groups vessel acquisition plan. CTI is looking to replace this existing shorter tenor debt with long-term financing that matches the long- term nature of its assets.
Middle East Complex Established in 1994 as a public shareholding company, MEC is the electronics and household appliances leader in Jordan. The company exports 72% of its output to countries in the Middle East region. The proposed expansion project intends to: relocate MECs existing production facilities for the purpose of modernizing its assembly lines and increasing efficiencies; expand, by establishing a joint venture with the Haier Group of China; and restructure up to $11.0 million of MECs short-term debt.    The venture will:     create approximately 400 jobs mostly for women, as well as additional jobs in the transport, storage and handling, and retailing sectors;    contribute to Jordans foreign currency earnings; and    stimulate establishment of new downstream industries in Jordan, such as electronics components and accessory manufacturing.       IFC role in the project is to:     support the evolution of a successful, internationally competitive, local assembler of semi-knocked down kits towards being a higher value-added complete knock down assembler;    supporting the growth of a local enterprise into a regional player;     provide long-term foreign currency financing currently unavailable from local financial institutions, and    ensure the highest environmental standards in MEC.
ACWA Power Zarqa Thermal Power Station The project consists of the design, construction, ownership and operation of a 485MW combined cycle gas fired power plant located in the Zarqa Industrial Zone, the Hashemite Kingdom of Jordan (the Project). The Project will replace the Hussein Thermal Power Station (HTPS), one of the oldest and most inefficient power plants in Jordan (which is currently being decommissioned), with a more efficient power plant.   The Project is being developed by Mahatat Al Zarqa Le Tawleed Al Takah Al Kahrabaieyaha, a special purpose company that was incorporated in the Hashemite Kingdom of Jordan. (i) Increase Jordan''s power generation capacity to meet growing power demand.  (ii) The Project is expected to have a lower tariff than the most recent IPPs that were implemented in Jordan and will be benefiting end consumers.   (iii) Given that the Project is replacing the recently decommissioned, fuel-oil fired HTPS, environmental benefits are expected.  (iv) During the construction phase of the new plant, notable employment will be generated.  The Project will also help to preserve employment from the existing HTPS.
Abdali CMC Project The proposed IFC investment comprises of a loan of up to US$30 million to support Abdali Medical Centers (AMC) capex and operational needs. AMC is a 200 bed multi-specialty hospital that commenced operations in Amman Jordan in July 2019. AMC embraces modern medical practice and places significant emphasis upon a clinical model underpinned by evidence-based medicine, full multi-disciplinary team working adhering to international best practice clinical protocols. The AMC business model is built upon a core assumption of implementing across all specialties key clinical and care differentiators that are also linked to KPIs. AMCs strategy is based on the following pillars of differentiation: 1) structuring services to adopt a culture of excellence and become a Center of Excellence (CoE); 2) clinical strength; 3) great patient experience; and 4) technology and innovation. Project-level Impact: Stakeholders 

The project-level impact will come through delivering high-quality care to patients. There is a rising need for healthcare provision in Jordan and neighboring countries. The burden of disease from non-communicable diseases has grown by 50 percent in Jordan over the last ten years. In addition, this project will serve a number of conflict affected countries through medical tourism. The provision of care will be differentiated from hospitals in the area in that it will deliver a model of care based on centers-of-excellence around key services; increasing the depth and quality of local medical professionals through improved training and working conditions, co-ordination of care through a team based approach model. AMC is one of two providers to use the team based approach to care in Jordan. The project will provide health care that is either higher quality, or more affordable than what medical tourists could access in other countries in the region. The current health expenditure per capita in 2019 in Jordan is US$ 495 per annum compared to an average of US$ 1,288 in the MENA region. Out of pocket health expenditure per capital in Jordan is also a fraction of the MENA average, standing at US$ 138 per annum versus the US$ 397 regional average. The Project will provide healthcare
to a high concentration of direct and indirect insurance patients (>80% of patient volumes).

Human Resources for Health: The Project provide the local administrative and medical staff of AMC with world class training in particular specialties It is expected that training, and on the job experience, in this approach will make health workers adept in providing team based care, an approach that is largely new to Jordan. This is in addition to establishing a training model in collaboration with nursing colleges that will be open to nurses from all Jordanian hospitals, thereby improving the quality of nursing in the country.
  
Market Creation: Competitiveness

AMC's contribution to market creation will largely be centered around increasing competitiveness through being a center of excellence in the region and having a staffing model that increases market efficiency and improves the quality of care.
Pulse Hotel Ayla The proposed long-term secured A-Loan of up to USD 35.5 million (the Loan) will be part of the multi-bank facility to Oasis-33 Mixed Use Development Company (the Company). The Company is a mixed-use real estate company responsible for developing, constructing, and operating Ayla Marina Village, which includes three hotels and retail stores within the Ayla development complex in Aqaba, Jordan.   The Loan will be used by the Company to i) fund capital expenditure and complete the construction of a new hotel and ii) reprofile existing debt that was used to partly fund the construction of the existing two hotels and retail stores (the Project). The Project has an Anticipated Impact Measurement and Monitoring (AIMM) rating of Good, based on an AIMM score of 53. On an unadjusted basis (i.e., without the likelihood factor), the full potential AIMM score could reach 64. The most significant, expected Project-level outcomes are (i) stakeholder effects on suppliers, through the purchase of goods and services from local SMEs and (ii) environmental effects via reduction in GHG emissions by improving the water and energy efficiency of the newly constructed hotel as well as greening the upcoming pipeline of projects. Beyond the Project, IFC anticipates the investment to promote Integration in the Jordanian tourism sector by maintaining the operation of existing infrastructure and supporting the completion of the hotel component of an integrated tourist destination project in Aqaba, Jordan, facilitating improved access to tourism infrastructure and related services for visitors and attracting more international tourists into region.
BOP Tamweelcom The proposed project includes an investment in local currency of up to US$5 million to Jordan Micro Finance Company (Tamweelcom or the Company) in the form of a senior term loan with a maturity of three years and a grace period of one year. The project is processed under IFCs Base of the Pyramid Program. The proceeds of the loan would be utilized by the Company to support its lending program to micro and very small enterprises. (i) Assessment of project outcome: Stakeholder Effects: Improved access to and quality of finance for MSMEs, many of which are women informal microentrepreneurs and MSMEs have been severely affected by the lockdowns, increased uncertainty, and a slow-down in economic activity in the wake of the pandemic.
(ii) Contribution to Market Creation: IFC anticipates that the project will support resilience amongst BOP finance providers by providing local currency financing in the country to support lending to micro and small enterprises, thus helping the sector deal with the growing risk, resulting from the COVID-19 crisis.
Tamweelcom Project The project entails a senior term loan to Tamweelcom, a leading microfinance institution in Jordan, to provide it with the needed financing to expand its microfinance activities and initially extend Energy Efficiency/Renewable Energy microfinance loans to its clients. The project also includes an Advisory Services package to assist Tamweelcom in product development and roll-out, training of loan officers, and putting in place policies and procedures for the new products. (i) The Project would support the launching of a new Energy Efficiency product through a leading microfinance institution for the benefit of low income people in Jordan to allow them to use cleaner and renewable sources of energy (solar energy).  
(ii) Tamweelcom would be the first MFI in Jordan to offer such an innovative product that would contribute positively to its market position. 
(iii) IFC will provide long term funding to enable the Company to continue supporting, and further grow its clients base. The social and economic impacts would be high especially that women borrowers represent 90% of Tamweelcom's clients.
(iv) The planned AS will strengthen Tamweelcom internal capacity and enhance the loan officers skills in promoting such products.
(v) Social and economic implications by lowering monthly energy bills for end-users of the solar panels.
Jordan Investment Trust Summary Of Project Information (SPI)       Project Name    Jordan-Jordinvest              Region    Middle East        Sector    Financial Services      Project No008833   Projected Board DateJanuary 30, 1998   Company NameJordan Investment Trust   PLC   Technical Partner and/or Major Shareholders    The main sponsor of the project is Gulfinvest, an investment company which provides development capital to businesses in the Middle East.   	   Project Cost Including proposed IFC investment    	Jordinvest would be capitalized at JD 20 million (US$28 million equivalent) of which IFCs equity investment is JD 1 million (approximately US$1.4 million) for a 5% shareholding.    Location of project and Description of site    	Amman, Jordan   	   Description of Company and Purpose of Project    	The project involves the establishment of the first investment bank in Jordan.  Jordinvest would carry out a broad range of investment banking activities, including providing long-term private equity, investing in quoted investments, underwriting and private placement of debt and equity issues, corporate finance activities especially restructurings, privatization, and mergers and acquisitions.  Jordinvest would play a critical developmental role in addressing the financial needs of the private sector in Jordan and in developing its capital markets. Through its affiliation with its sponsor, Gulfinvest, the Company would also attract foreign as well as Middle Eastern investors to the region.     Environmental Category and Issues      	This is a Financial Intermediary (FI) category project according to IFCs environmental review procedures. Jordinvest will be required to undertake an environmental review of eligible companies operations.  In addition, IFC will assess Jordinvests capability to carry out environmental reviews of each investee company.   	     Date SPI sent to PIC     December 10, 1997      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384