devinitorg/iati-policy-markers huggingface dataset:
Daehan Wind Power Company The project consists of the construction, operation and maintenance of a 51.75MW (installed capacity) wind farm in Jordan's Tafila Governorate (the Project). The Project will be an Independent Power Producer, generating about 153 GWh annually for sale to the National Electric Power Company under a 20-year Power Purchase Agreement. Turbine supplier Vestas will be the Engineering, Procurement and Construction and the equipment Operations and Maintenance contractor. Construction is expected to begin in January 2018 and operations by mid-2019. The Project will: 
(i) add new generation capacity in Jordan and generate over 153 GWh, meeting growing demand for energy and serving ~27,000 customers annually;
(ii) diversify Jordan's fuel mix and provide for energy security by generating electricity from a domestic, indigenous resource which is currently not being used; and
(iii) avoid greenhouse gas emissions (GHG) of approximately 112,000 tons of CO2 per annum that would have otherwise been generated from fossil fuel usage.
Luminus Project Luminus Group (the Group) is a leading private vocational and technical training provider in Jordan, with plans for regional expansion. Luminus Media is the media-focused technical training arm of the Group, offering certificates and diploma programs in digital filmmaking, audio engineering, animation, multimedia, web and graphic design.  Luminus Education is the largest and core business line of the Groups operations and currently serves 4,500 students. Under its umbrella lies an English language training center, a vocational and careers development training center, and Al-Quds College which was established over 30 years ago and operates as the largest vocational and technical training community college in Jordan today.    With a strategic eye on future growth and sustainability, the Group is undertaking a US$19.5 million investment program to support the Groups expansionary plans in Jordan, Iraq, Libya, Lebanon, and Egypt.    The Project falls under the IFCs e4e Initiative for Arab Youth (e4e), which is aimed at addressing the mismatch between labor market needs and the skills of Arab youth by, among its scope, enabling greater private sector provision of quality, job-oriented tertiary education. The expected development impact is expected to include the following:  - Create a demonstration effect of successful TVET model with strong link to labor market needs. - Expanded access and quality of vocational provision with direct impact on unemployment. - Increased number of students reached in the region. - Successful implementation of expansion in Lebanon will send a positive signal for further south-south investments.
Falcon PV Project Falcon Maan is a 21 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$50.2 million (the Project). All output generated by the Project will connect to a newly built substation in MDA and 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 Project will: (i)	generate over 43 GWh (at P50), meeting the growing demand for electricity in Jordan, serving approximately 20,000 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 26,000 tons of CO2 per annum.
FOURSAN CAPITAL PARTNERS II LP The proposed project consists of an equity investment of up to US$20 million in Foursan Capital Partners II, L.P. (the Fund). The Fund is a closed-end private equity fund which will make investments in small and mid-sized private companies in Jordan, Iraq, West Bank & Gaza and in other countries in Middle East and North Africa region with a target Fund size of US$125 million. (i) Job Creation: The Fund will focus on SMEs and mid-cap companies with growth capital needs, which tend to have the largest impact on job creation, and the most potential for IFC to develop direct relationships with the underlying companies, through potential co-investment opportunities. 
(ii) Access to Finance: The Fund focuses on SMEs and growth midcap companies, which lack access to financing especially growth capital. 
(iii) Private Sector Development: The Fund's structuring know-how and financial and operational insights will help portfolio companies improve competitiveness and sustainability.
(iv) Support regional integration and South-to-South investments: The Fund will focus on companies with regional growth potential, including through cross-border operational expansion.
Capital Bank of Jordan Capital Bank (CAP or Bank) is a full service, private sector Jordanian commercial bank, headquartered in Amman. It was established in 1995 as the Export and Finance Bank, and was renamed to Capital Bank in 2006.  As of December 31, 2006, CAPs total asset base was approximately $1208 million equivalent, shareholders equity was $221.4 million equivalent and net income was $25.5 million equivalent.  The Bank provides a wide array of corporate and investment banking services to corporate and consumer clients and is a leader in trade finance.    The project is aimed to:   - support the Banks growing mortgage portfolio; - help manage the asset/liability mismatch; - strengthen and diversify the capital base; and - allow the Bank to become well-positioned to meet the demands of the booming Jordanian economy, especially for infrastructure and SME finance.    In addition, IFC is expected to work with the Bank on advisory services for corporate governance, risk management and housing finance. The project will assist CAP to expand its business, thus providing greater access to financing for corporations, SMEs and individuals, essential to achieve development and higher standards of living. It will also support the Banks expansion plans in housing finance.
FINCA Jordan The project involves a local currency senior loan to Specialized Micro Loans Company (FINCA Jordan or the Company). Proceeds of the loan will be used to finance the Companys existing operations and expansion of its lending activities to micro and small entrepreneurs in Jordan, especially women who represent 97% of all clients. (i) Local currency funding: IFC will provide long term funding in local currency, that is difficult to obtain from the market, to enable the Company to continue supporting and further grow its client base. The nature of the loan being with long tenor and in local currency would assist the Company to diversify its funding sources, better manage its asset and liability position, and assist the Company in avoiding taking FX risks.  (ii) Access to finance: The proposed Project would support FINCA Jordan expand its outreach and serve a larger number of low-income people in rural areas of Jordan. The social and economic impact would be significantly high especially that women borrowers represent 97% of FINCA''s clients. (iii) Job creation: MSMEs are key contributors to job creation in the Country. 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 and under-served groups.    (v) Demonstration effect: Through this project, IFC is expected to act as a catalyst by encouraging other investors, especially local banks, to fund the microfinance sector and bridge the financing gap facing this sector.
Zara II Project Zara Investment (Holding) Company (Zara or the company) is hotel holding company in Jordan and an IFC client since 1996. The project involves funding Zaras current expansion program and assisting in improving its balance sheet that has been affected by the instability in the region. Specifically, IFCs corporate loan will be:   - for partial financing of the Zaras hotel at Tala Bay -- a four-star 450 room hotel in Tala Bay Resort on the Red Sea near Aqaba, along with other potential expansions in Jordan; and - for re-profiling some of the companys existing debt. The project will improve and facilitate diversification of tourism benefits throughout the country helping the tourism industry coming out of a difficult period. The project will result in job creation, foreign currency revenues and in further growth in the tourism industry and other related sectors. In addition, the project will support implementation of governments National Tourism Strategy.
International Luggage Manufacturing Company Description of the Company    The Project is to expand the operations of Boscan Jordan Group, a Jordanian manufacturer of  soft-side luggage products selling  primarily to  the US market.  Boscan Jordan''s  existing facilities consist of 20 production lines in ILMC I. The Project  will add 40 additional production lines.  The Company''s products are manufactured and sold under brand names by major US retail chains.  Boscan''s  speciality is carry on luggage, one of the fastest growing sectors of the luggage market.        Developmental Impact    The Project is expected to  have a significant development impact in employment creation in Irbid, which  has an unemployment rate of more than 20%.  ILMC I currently  employs  1,150 people including 600 sewing machine operators, almost all of whom are women.  Other Boscan Group companies in Jordan employ an additional  2,500 people in garment making and textiles.  The Project will provide an additional 2,300 jobs, more than 50% of which are  expected to be for women.  To date  ILMC has trained its work force by employing 1/3 experienced Chinese staff, many of whom will move to the new facilities to train staff as the new units come on stream.  This will in turn open up greater opportunities for Jordanian employees to advance within the Company.  The Project, in tandem with training initiatives underway by the Group with local colleges, will help build a pool of skilled manufacturing workers in Jordan.       IFC''s Role    The primary role of IFC in this transaction is to complement the Group''s available resources  by providing long term US$ funds which are not otherwise available locally.  T  he proposed IFC equity investment in BJG can be expected to further deepen the pool of potential investors for the Group. Boscan''s investments in Jordan are recent and the Group is now poised to launch an ambitious program of expansion, even for the scale of Group resources available.  The IFC financing will provide critical support for the growth of Boscan''s activities in Jordan and more generally for foreign investment in the Al-Hassan Qualifying Industrial Zone and other Jordanian Q.I.Z.''s.
Xenel Wind Jordan table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }   The project consists of the construction, operation and maintenance of a 49.5 MW wind farm in Jordans Tafila Governorate (the "Project"). The Project will be an Independent Power Producer and will sell electricity to the National Electric Power Company (NEPCO) under a 20 year Power Purchase Agreement (PPA). The Project will:
(i) help add new generation capacity in Jordan and generate over 145 GWh (at P50), meeting the growing demand for electricity in Jordan, serving approximately 83,000 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 average cost of ~ 50% above the tariff helping to alleviate the losses borne by NEPCO; 
(iv) avoid greenhouse gas emissions (GHG) of approximately 110,000 tons of CO2 per annum.
Jordan Solar One Jordan Solar One is a 20 MW solar PV power plant located in Al Mafraq, north of the Jordanian capital, Amman, with an estimated project cost of US$70 million (the Project). All output generated by the Project will be sold to Jordans National Electric Power Company (NEPCO) under a 20-year Power Purchase Agreement (PPA). The Project also comprises the construction of a 13km 33kV transmission line connecting to Al Hassan substation 13km away from the Project site. The Project is part of the GoJs Renewable Energy Program, which aims to increase renewable energy contribution to 10% of the countrys generation mix by 2020. The Project will: (i) generate over 47 GWh (at P50), meeting the growing demand for electricity in Jordan, serving approximately 9,000 customers annually based on a per capita consumption of 2,289 kWh; (ii) diversify the fuel mix for Jordan and provide for energy security by generating electricity from a domestic resource; (iii) displace thermal power that has a marginal cost of approximately 30% above the tariff helping to alleviate the losses borne by NEPCO; and (iv) avoid greenhouse gas emissions (GHG) of approximately 30,720 tons of CO2 per annum.
DCM JKB Green Bond The proposed investment is for IFC to subscribe to up to US$ 50 Million in the first green bond to be issued by Jordan Kuwait Bank (the Bank or JKB) in Jordan covering the full issuance and up to US$ 40 Million GTFP trade line for up to one year (the Project). The investment will include an up to US$ 36 million investment from IFCs own account and up to US$14 million co-investment through IFC Blended Finance participation by Canada-IFC Blended Climate Finance Program (BCFP) and MENA Private Sector Development (PSD) facilities as described in the Blended Finance Section. The bond proceeds will be used by the Bank to finance eligible green projects and assets in Jordan. The Project is expected to have the following Development Impact: (a) Stakeholders effect  Increased Availability of Climate Finance: IFC will provide up to 5 years financing that will be leveraged by the Bank to grow its green portfolio which requires availability of longer-term capital. This will help in improving access to climate finance, contributing to the overall reduction in GHG emissions. IFC estimates that this investment will result in greenhouse gas reduction of approximately 31,376 tCO2e by 2027. As a reporting indicator, IFC will track the green-house gas emission reduction per year; and (b) Contribution to Market Creation - Sustainability: IFC anticipates that the Project will promote sustainability through the issuance of the first green bond in the country that will set standards for further such issuances and increase overall climate/green financing in Jordan. The Project is expected to establish and set the standards for green bonds in the market and hence encourage replication by other issuers. This is expected to mobilize incremental long-term resources for climate finance related projects and raise awareness among private sector companies of the merits of diversifying their financing sources and attracting capital markets financing to support green projects. As the first green bond in Jordan, the Project will set standards for the future issuances and introduce a new asset class to the local capital markets, which is expected to generate strong interest and pave the way for climate capital market transactions for a wide array of investors.
ACWA Power Jordan IFC is considering an equity investment alongside International Company for Water and Power Projects (trade name ACWA Power International (ACWA Power)) to collectively acquire a 65% stake in ENARA, 51% owner of the Central Electricity Generating Company (CEGCO). CEGCO is Jordans largest power generation company with a total installed capacity of around 1,500 MW representing circa 59% of Jordans installed capacity. It owns and operates seven power plants across Jordan playing a critical role in securing Jordans electricity supply capitalizing on the assets fuel flexibility. CEGCOs power plants currently sell power to the National Electricity Power Company, government owned transmission company and single buyer under the Power Purchase Agreements (PPAs). The acquisition of the 65% stake in ENARA will be subject to several conditions precedent, as is customary in a transaction of this nature, including a consent from the Government of Jordan. In addition to running CEGCOs plants in accordance with the existing PPAs, ACWA Power plans to improve overall assets efficiency whilst extending the terms of the existing PPAs. It will further contemplate re-powering selected plants based on the technical and environmental feasibility adding capacity at a relatively lower cost than a Greenfield power plant. The Project is expected to improve CEGCOs power plants performance, both technically and environmentally, and enhance Jordans overall power generation efficiency and possibly increase total installed capacity. This will provide the government of Jordan with a quick, easy to implement and relative cheap solution to meet the expected increase in demand over the next few years enabling it to realize considerable savings.
Hikma expansion table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }          Hikma Pharmaceuticals PLC (Hikma or the Company) and its subsidiaries (the Group), is a generic pharmaceutical company incorporated in United Kingdom(UK)and listed on the London Stock Exchange (LSE). While the Group was founded in Jordan in 1978, Hikma has expanded its footprint with successful operations across the Middle East and North Africa (MENA) region, the United States (US) and Europe. The Company has 29 manufacturing facilities in 11 countries out of which facilities in 5 countries have received US Food and Drug Administration (FDA) approval    . Hikmas main business   lines   include branded, injectables and generic pharmaceuticals. Hikma is a long-standing IFC client since 1987.      The Company has invited IFC to provide and arrange financing to support the general corporate purposes of the   Company   and members of its Group in the MENA region and/or in other World Bank Group countries of operation. - Demonstration Effect: Hikma will bring in high quality manufacturing in emerging markets.
- High quality and affordable pharmaceutical products in MENA and other emerging markets.
- The investment will generate direct employment for skilled labor in addition to potential for indirect employment
JPMC Terminal The Project consists of the construction and operation of a new rock phosphate terminal in the south port of Aqaba, by Jordan Phosphate Mines Co. (JPMC or the Company), replacing the existing one in an area that is to be developed for tourism. The annual throughput of the terminal will be four million tons. As the largest employer and exporter in Jordan, JPMC plays an important role in the Jordanian economy The Project will generate new employment opportunities in the order of 500 jobs during construction, mostly benefiting the local population and 150 during the terminals operation. The replacement of the existing facility through the relocation to the south port also provides the opportunity for significant upgrades (particularly with respect to dust emissions), and the new terminal will operate under significantly improved environmental conditions. The relocation of the phosphate terminal is part of a larger strategic plan of the Jordanian Government to transform the current industrial terminal, which is located in an urban center, into a tourism area so as to increase tourism revenues, a sector which contributes to roughly 10% of GDP.  Moreover, by relocating the terminal and other industrial sites, the Government of Jordan is hoping to expand its export base and more resourcefully manage the port operations out of the new location. 

The key development indicators that are proposed to be monitored during the life of the IFC investment are: 

-	Employment 
-	Terminal Throughput
-	Reduction in Dust Emissions
-	Payments to Government
-	Local Purchase of Goods and Services
Capital Bank of Jordan WCS The proposed investment consists of a one-year senior loan, renewable for an additional one-year, of up to US$25 million to Capital Bank of Jordan (CAP or the Bank) under the COVID-19 Emergency Response WCS Envelope (WCS Envelope). The WCS Envelope is designed to provide funding to existing IFC client banks in emerging markets that will then extend trade-related or working capital loans to companies whose cash flows have been disrupted by the global outbreak of the coronavirus pandemic. The Project has an Anticipated Impact Measurement and Monitoring (AIMM) rating of Good, based on an AIMM score of 53 applicable to each investment under the FIG Envelope as per the IFC Fast Track COVID Facility (IFC/R2020-0052/1). By supporting its clients capacity to sustain operations which were disrupted by the acute pandemic shock, IFC best positions the private sector to support the economic recovery process, shortening the time it will take for the most vulnerable to return to their traditional income earning opportunities.
KEC Jordan Project Following a transparent bid process, Kingdom Electricity Company (KEC), a consortium of investors from the Arabian Gulf countries and Jordan, was selected as the preferred bidder for the acquisition of the Government of Jordans (GoJ) stake in the Electricity Distribution Company (EDCO), covering the East and South of Jordan and the Jordan Valley area, and the Irbid District Electricity Company (IDECO), covering the North of Jordan. KECs bid valued the acquisition of both companies (100% of EDCO and 55.4% of IDECO) at about $104 million. While there were bids by local and regional investors to acquire IDECO, KEC was the only bidder for EDCO and offered the most attractive proposal overall.  KEC is finalizing the transaction and has approached IFC for funding a portion of the acquisition cost, CAPEX and Working Capital with long term debt. The project will facilitate the complete privatization of the electricity distribution sub-sector in Jordan by selling the government stake in two Jordanian power distribution companies, thereby significantly contributing to the sectors liberalization and efficient management.  One of the main development impacts of the project is the expected positive demonstration effect as the project will demonstrate the feasibility of electricity distribution sector privatization and increase the attractiveness to foreign investment in the MENA region.  The Jordanian electricity sector may set an example for other countries in the region that are considering embarking on the liberalization and privatization of their own power sectors. Another major positive impact for the Jordanian Government will be the privatization proceeds and the permanent transfer of the burden of investment in power distribution to the private sector.  This will enhance fiscal sustainability and enable GoJ to focus its scarce resources to other priority sectors.  Additional investments into better and more modern equipment as well the management of the distribution sub-sector by specialized private sector companies should also improve the quality of service to the end users in terms of availability, power quality as well as customer service. Moreover, it is also expected that the private sector management will reduce losses and thus cascade the impact of this reduction in minimizing the consumption of fossil fuels and reduce tariff implication of losses on the Jordanian economy.