devinitorg/iati-policy-markers huggingface dataset:
Middle East Regional Development Enterprise Middle East Regional Development Enterprises (MEREN)  was established in 1996 as a private shareholding company to develop investment projects in Jordan and the MENA region. The proposed project is to establish MEREN silica sand plant (MEREN) which will manufacture high quality silica sand to be exported mainly to European glass manufacturers. With an installed annual capacity of 530,000 tons, MEREN is designed to manufacture a number of different quality products, including dried and milled silica for glass, ceramics, sodium silicate, glass fiber, oil and gas fracturing and other industries that use high quality silica sand.     The proposed project will promote healthy local enterprise in the silica sand sector, an industry in which Jordan has a natural advantage. It will directly create approximately 30 jobs in the silica sand factory, and indirectly up to an estimated 350 jobs in the transport, storage and handling, and mining sectors.  Since all MERENs production will initially be for exports, the proposed project will increase Jordans export performance and foreign currency earnings. In the longer-term, it may also stimulate establishment of new downstream industries in Jordan such as glass or ceramics manufacturing that use high quality silica sand.  The project will involve transfer of the most advanced production technology, know-how and local staff training by Outocumpu to Jordan and it will promote creation of an internationally competitive local enterprise.
Zara CPLP Project Zara Investment Holding Company Limited (Zara or the Company) is one of the largest, domestically owned, tourism companies in Jordan with a 29% share of the countrys 5-star market by room inventory.  Zara intends to implement cleaner production  initiatives across its various properties that include the installation of energy efficient lights, optimal operation of Heating Ventilation and Air Conditioning and Building Management Systems, installation of solar water heaters for pools and air conditioning chiller control automation system. More detailed break-down is :   - $1.1 million for conducting energy audit and implementing energy efficiency measures at five of its properties;  - $0.8 million for installation of solar panels for pool heating at Movenpick Tala Bay hotel; and,  - $0.3 million for installing computer based software for optimizing operations of water chillers at Movenpick Dead Sea and Aqaba; and,  - $0.2 million for solar panels at Dead Sea for the installation of solar panels to heat the water for the rooms (the Project). The proposed project will help to reduce Zaras high energy costs which well exceed hotel industry benchmarks. Zara will pilot the use of solar panels in one of its hotels, which it can replicate in its other properties by taking advantage of Jordans potential for solar-based renewable energy options. This is in line with IFCs stated objective of creating demonstration projects that can showcase successful cleaner production efficiencies for others in the sector.
MEMCC II Project The project consists of a straight senior loan to Middle East Micro Credit Company MEMCC, one of the leading and well-managed commercial microfinance institutions in Jordan. Proceeds of the loan will be used to finance the expansion of the Companys lending activities to micro and small entrepreneurs (the Project). MEMCC seeks long-term funding to continue its growth and continue offering existing and new products to its target clientele.   MEMCC is one of the leading microfinance organizations operating in all regions in Jordan and by end June 2012 served more than 17,500 clients, of which 65% are women, with a credit portfolio of US$25 million. MEMCC serves its clients through its well established network of 15 branches and staff of 172 people. - Access to finance: The Project would support MEMCC''s lending activities and expand its outreach to serve more of the low-income active poor and the SME sector in Jordan, including women entrepreneurs who currently represent more than 65% of the Company''s borrowers;  - Job creation: MSMEs are contributors to job creation in the Country. Supporting the development of the sector with reliable access to finance would play an important role in economic growth, generating employment, and providing opportunities to the underserved groups.  -Demonstration effect:  Through this Project, IFC is expected to act as a catalyst to encourage local banks and FIs to lend for longer periods and support MFIs growth. Further, it will enable MEMCC to better manage its risks and such, by which, setting an example in the market.
CTI Group II Ranked among the largest specialized cement carrier fleet owners in the world, CTI Group Inc.s (CTI or the company) activities cover all aspects of logistics for the specialized cement trade including trading, handling and transport, as well as operating a fleet of 9 dry bulk carriers.  Operating on a global basis, the company is embarking on an expansion program to expand its fleet of cement and dry bulk carriers.  IFCs financing would be used to cover part of the costs of acquiring the additional vessels, beginning with the purchase of a cement carrier which the company is already operating on a bareboat charter basis.  This expansion will help CTI optimize its fleet structure and expand its transport operations. The company has had positive economic and developmental impacts and the current project is expected to facilitate this.  By shipping and trading cement between countries with cement production surpluses (and low prices) and countries facing shortages (and high prices), the Group allows both sides to benefit and enhances the efficiency of the global cement market.  The project will facilitate cement exports from countries with excess supply (like Pakistan, China and India) to countries where there is a shortage of cement production capacity (like the US and the Middle East).  Therefore, both the cement industry in exporting countries and the construction industry in importing countries would benefit from the Project.  With an estimated 6-7% market share of specialized seaborne cement carrier trade, CTI is a significant player but not one of the largest, so its activities contribute to making the industry more competitive.
Modern Aluminum Industries Co. Summary Of Project Information (SPI)       Project Name    Jordan-Modern Aluminum Industries Co. (MODAL)              Region    Middle East        Sector       Project No007209   Projected Board DateFebruary 27, 1995   Company NameModern Aluminum Industries Co. (MODAL)   Technical Partner and/or Major Shareholders    	The Nuqul Group (80%), Jordan Steel (20%)    Project Cost Including proposed IFC investment    	Project Cost of US$17.7 million (including an IFC loan of about US$6 million).    Location of project and Description of site    	Located in the Eastern Arinbeh Village, 45 kilometers south of Amman, MODAL will be a modern 19,000 square meters plant occupying part of a site of 53,000 square meters.    Description of Company and Purpose of Project    	The project consists of setting up MODAL which will own and operate a 6,000 ton/year aluminum extrusion facility. MODAL will produce anodized, powder painted, or electrocolored aluminum profiles of international quality and at competitive prices for the construction industry and light-manufacturing applications.  Approximately 75% of MODALs production will be sold on the domestic market and the rest exported to neighboring countries.  Economic benefits accruing to Jordan include foreign exchange generation and savings, the creation of 129 jobs, the introduction of international standards for environmental protection and increased competition in the domestic aluminum industry. IFCs main role in this project is to provide a term loan in a country where there is a shortage of long-term funding.      	IFCs participation in financing the project will help bridge a significant funding gap, and help the Company mobilize local loans.  Also, IFC provided valuable technical advice to the project sponsor during appraisal. Finally, IFCs participation will ensure that the project fully meets the World Bank environmental guidelines. Local regulations regarding environmental aspects are non-existent in Jordan. This project will serve as a model plant in conforming to international environmental standards by applying chrome free production methods    Environmental Category and Issues    	This is an environmental review category B project; principal issues are air emissions, liquid effluents, solid wastes, land use, fire prevention, and employee exposure to heat, noise and chemical substances.  The sponsor has presented plans to address these issues and to comply with applicable governmental and World Bank requirements; key actions include measures for air pollution control and wastewater treatment, use of chrome-free coating systems, employee training, and provisions for fire prevention and protection of employees from workplace hazards.      The  is  February 8, 1995 from the Public Information Center.       Date SPI sent to PIC     February 1, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Hikma Investment Hikma Investment (the company, or Hikma) is a privately held multinational generic pharmaceuticals holding company headquartered in Amman, Jordan.  Manufacturing operations started in 1978 in Jordan, and the company was established in 1991 to consolidate the ownership of all Hikma groups manufacturing subsidiary companies throughout the Middle East, United States, Europe, and North Africa.  Hikma has been an existing client of IFC since 1987. 

The project involves expanding the company's operations in the Middle East and North Africa region (MENA), Portugal, and Asia. This program is being planned in connection with preparing the company for a future U.S. initial public offering. It will include an IFC corporate governance component to help the company satisfy the recent corporate governance and securities law reform in the U.S. (the Sarbanes-Oxley Act of 2002), which institutes new rules regarding the corporate governance of publicly held corporations listed in the U.S., including American Depositary Receipts (ADRs).
Luminus II Project The purpose of the investment package is to help the Company weather the liquidity pressure it is facing as a result of the COVID-19 outbreak. The proposed investment would strengthen the financial structure of Luminus and support its growth in Jordan during the time of COVID-19 crisis (the Project). Demonstration of a successful private sector technical vocational education and training model that contributes to improved employability of its students. Expansion of vocational education that is focused on manual skills into fragile and conflict affected states (FCS) where these skills are in shortage via South-South investments by the Group. Women' employment: expansion of vocational education is expected to help addressing women's unemployment issue, as women' participation in labor market in Jordan is one of the lowest in the world. Evidence suggests that women at the higher end of educational spectrum and with employable skills may have better probability of being employed. Job creation: The growth in offerings Luminus is looking to embark on can only be achieved by hiring the right personnel in terms of caliber, qualifications, and numbers. The number of those employed by the Company is projected to double in 5 years, reaching around 1200 employees in 2024 as compared to
compared to a total of 506 employees in 2019, 34% out of which are expected to be women, employed at wage rates higher than market average to ensure attracting the level of competence required.
Nuqul Project Nuquls core business is the integrated production, distribution, and marketing of hygienic paper products including tissue paper, baby and adult diapers, feminine pads, table napkins, toilet rolls, and paper toweling.   The proposed project is to support the Groups on-going expansion by providing:    -  funding for balance sheet restructuring and meeting the 2004-2008 $150+ million core business investment program; and     -  technical assistance in corporate governance.
IDMI Jordan Ideal Development for Manufacturing Industries (IDMI, the Company, the Client) is a special purpose company established in 2021 to develop a minimum 2 million tons per annum (mtpa) greenfield phosphate rock beneficiation plant in Eshidiya, Jordan on a Build-Own-Operate-Transfer (BOOT) basis (the Project). IDMI won its rights in a 2020 tender and signed its BOOT contract with Jordan Phosphates Mines Company (JPMC or the Off-taker), where JPMC is the sole off-taker of the final product. 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 economy-wide effects through preservation of value-added and employment. Beyond Project-level outcomes, IFCs investment will promote resilience in the food value chain through enabling the continued and reliable supply of fertilizers.
MENA Hygienic Holding Group MENA Hygienic Holding Group (Nuqul or the Company) is a leading regional manufacturing group primarily involved in the production of jumbo tissue rolls and their subsequent conversion into paper-based hygienic products such as facial tissues and diapers. It consists of 16 companies with production facilities in 5 countries across the MENA region. These production facilities (plants) are located in Egypt, Jordan, KSA, UAE, and Morocco. The proposed project consists primarily of the establishment of a new paper mill in Abu Dhabi, United Arab Emirates (UAE), (Paper Mill #5 or PM5). PM5 is expected to enter into operation by mid-2017. The Project''s main development impact will include the following: (i)	 Long term Sustainability of the Business: The Project will enhance Nuqul''s regional competitiveness by making the Group self sufficient in production of intermediate goods through the proposed capacity expansion in its new facility in the UAE, which will also help the Group to sell more finished products to the consumers in the GCC market. (ii) Consumer Benefits: The Project will allow Nuqul to offer products of highest quality at affordbale prices to consumers across the MENA region, with Egypt, Jordan, Saudi Arabia, and UAE being Nuqul''s four largest markets.
Tamweelcom 3 p.cls-NormalWeb {
    margin-top:5pt;
    margin-bottom:5pt;
    text-align:left;
    font-family:'Times New Roman', 'serif';
    font-size:12pt;
    line-height:108%;
    margin-left:0pt;
    margin-right:0pt;
}
span.cls-DefaultParagraphFont {
    font-family:'Times New Roman', 'serif';
    font-size:12pt;
    font-weight:normal;
    margin:0in;
    padding:0in;
}
table { border-collapse:collapse !important; width:100%; table-layout:fixed; border-spacing:0 !important; margin-bottom:15px; } .k-table, .k-table td, table, table td, div table, div table td {outline: 0;border: 1px solid #000;} .k-table td, table td, div table td { padding: 5px;} 
  
  
     
       
          The Project (Tamweelcom 3) entails an IFC investment to the Jordan Micro Credit Company (Tamweelcom or the Company). The purpose of the loan is to support Tamweelcom to increase lending to individual entrepreneurs, micro and very small enterprises (VSEs) in Jordan. The project will contribute to increased access to finance to underserved segments of the countrys economy, including women entrepreneurs, financial inclusion and creation of new business opportunities. The Project is expected to have positive impact on its stakeholders, namely individual entrepreneurs, micro and VSEs, including women entrepreneurs, that do not have access to banking services, but are crucial enablers for inclusive growth and poverty alleviation in the country, a key strategic priority for IFC.  By increasing access to finance to the underserved economic groups the project will contribute to the improvement of living standards and creation of new job opportunities in the country. Tamweelcom has a long and positive experience of working with micro and women clients and under this Project the company will continue expanding its on-lending program thus increasing accessibility of financial services to this group of clients.
DCM Ahli Sustainability Bond The proposed investment entails an (i) IFC subscription of up to US$50 million in a sustainability bond to be issued by Jordan Ahli Bank Plc (JAB or the Bank) in Jordan covering the full amount at issuance and (ii) the provision by IFC of trade finance line of up to US$40 million under the Global Trade Finance Program (GTFP) for up to one year tenor (the Project). The bond will be structured in alignment with the International Capital Market Authority (ICMA) Sustainability Bond Guidelines (SBG), as confirmed by a Second Party Opinion (SPO) provider, and will aim to finance JAB's sustainability assets, including loans towards climate projects and women-owned or women led Small and Medium Enterprises (WSMEs).  The Project is expected to be supported by Global SME Facility (GSMEF) as described in the Blended Finance Section. The Project is expected to have the following Development Impact: (i) Stakeholders effect - Increased access to Climate Finance: This Project supports JAB's development of sustainable financing, particularly for SMEs. IFC's investment and potential advisory is expected to grow JAB's climate finance portfolio significantly, with a focus on green buildings, renewable energy, and energy efficiency, thereby contributing to a reduction in GHG emissions; (ii) Stakeholders effect - Increased access to finance for WSMEs: The project is designed to empower women-owned and women-led SMEs in Jordan by increasing their access to finance, aiming to grow the Banks WSME loan portfolio, thus this initiative is expected to address the low economic participation of women and the challenges faced in accessing financial services; and (iii) Contribution to Market Creation - Sustainability: IFC anticipates that the Project will promote sustainability through the issuance of the one of the first sustainability bonds in the country that will set standards for further such issuances and increase overall climate, SME, and gender financing in Jordan.
Al Tajamouat Industrial City The proposed venture will expand the existing integrated industrial estate, ATIC. The expansion will commence in late 2000 to keep up with the high demand for qualifying industrial zone (QIZ) space in Jordan. The project entails: (i) purchase of additional land; (ii) construction of supplementary infrastructure (electrical and water treatment facilities, transportation, communication and cargo-handling facilities); (iii) completion of seven, and expansion of three, factory buildings that will add 60,255 m   2    of industrial space to the existing occupied 88,000 m   2   ; and (iv) construction of a canteen and dormitories for up to 2,250 workers. The project will not only expand the built-up area of the industrial city in response to growing demand, but will also allow ATIC to attain a stronger competitive position by providing new value-added services to tenants.    The proposed project development impacts are as follows:   -    Employment creation:    The project would facilitate creation of up to additional 12,000 skilled and semi-skilled jobs in Jordan. ATIC has already generated 5,000 jobs.   -    SME development:    The project will continue to attract domestic small and medium sized private businesses given its proximity to Amman.         - Promotion of private investment:    The project will attract local and foreign private investment and help broaden Jordans narrow economic base.   -    Foreign currency inflow:    The QIZ status of ATIC will continue to stimulate development of export-oriented businesses, which will generate foreign currency revenues for Jordan, a country with a large trade deficit.   -    Transfer of skills and know-how:    The project will host foreign companies that would bring in new technologies and provide training to the Jordanian workforce.     IFC''s role in the project is as follows:   -    Provision of long-term financing:    IFC will provide debt financing with longer maturity that is currently not available from local financial institutions.   -    Corporate Governance   : IFC has provided and will continue to provide valuable advice to the company on improvements in its corporate governance.    -    Advisory Role:    IFC has also advised ATIC on strengthening its marketing efforts, improving the technical area to achieve the necessary savings, and introducing a new management information system to enable better monitoring of the company''s financial performance.   -    Continuing Support of the Sector:    Given the importance of QIZs for the Jordanian economy, IFCs commitment to this sector through multiple investments will encourage foreign investors to come to Jordanian QIZs.
MS Pharma Project 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; }   MS Pharma Ventures Holdings WLL (the Company) is a limited liability company incorporated in the Kingdom of Bahrain, active in development, manufacturing and marketing of branded generic pharmaceuticals in Jordan, Algeria, Turkey and other MENA (Middle East and North Africa) countries. Established in 2011 as integrated international pharmaceutical company with three key operating businesses: (i) El Kendi Pharmaceutical Manufacturing Company (Algeria), (ii) United Pharmaceuticals Manufacturing (Jordan), and (iii) MS Pharma Injectibles (Jordan and Turkey). MS Pharma specializes in medication treatment for chronic diseases such as cardiovascular, central nervous system, and respiratory diseases, therapeutic classes which are experiencing high growth rates across MENA region. The Company has invited IFC to support its investment plan of up to US$150 million financing of acquisition opportunities to enter new markets and capacity expansion in its existing facilities (the Project). (i) MS Pharma's strong product pipeline and R&D capability will increase the availability of a wide range of quality medicines in the MENA region;
(ii) The Project will reduce reliance on imported medicines and expand local pharmaceutical manufacturing capacity;
(iii) The Project will generate direct employment opportunities for skilled labor in MENA; and
(iv) The investment will support south to south expansion.