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Jordan - Cultural Heritage, Tourism & Urban Development

Abstract*

The objectives of the Cultural Heritage Tourism and Urban Development Project are to contribute to: (a) tourism development in the five key historically and culturally important cities of Jerash, Karak, Madaba, Salt and Ajloun, and thereby create the conditions for local economic development; and (b) consolidation of the tourism industry in Petra, Jordan's premier tourism asset and destination. The project will consist of four components: (1) revitalization...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The objectives of the Project are to support tourism development in five historically and culturally important cities - Jerash, Karak, Madaba, Salt, Aljoun, - and thereby contribute to local economic development.

Key Details

Project Details

  • P081823

  • Closed

  • Chantal Reliquet

  • N/A

  • Jordan

  • January 20, 2006

  • (as of board presentation)

    January 30, 2007

  • August 16, 2007

  • US$ 55.00 million

  • B

  • Not Applicable

  • March 31, 2014

  • BANK APPROVED

  • February 5, 2015

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 55.00
Borrower/Recipient 18.30

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 55.00
IDA Commitment N/A
IBRD + IDA Commitment 55.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 73.30

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 15, 2023 IBRD-74260 Int Charges 60,186.30
Oct 15, 2023 IBRD-74260 Loan Repay 2,129,483.00
Oct 15, 2014 IBRD-74260 Int Charges 221.66
Oct 15, 2014 IBRD-74260 Int Charges 326.70
Oct 15, 2014 IBRD-74260 Int Charges 5,704.80
Oct 15, 2014 IBRD-74260 Int Charges 118,129.28
Oct 15, 2014 IBRD-74260 Loan Repay 2,206,897.80
Sep 5, 2014 IBRD-74260 Loan Cancel 4,218,293.00
Mar 20, 2014 IBRD-74260 Loan Disb 848,703.80
Apr 15, 2014 IBRD-74260 Int Charges 141.40
Apr 15, 2014 IBRD-74260 Int Charges 254.26
Apr 15, 2014 IBRD-74260 Int Charges 8,625.00
Apr 15, 2014 IBRD-74260 Int Charges 124,546.64
Apr 15, 2014 IBRD-74260 Loan Repay 2,021,192.90
Oct 9, 2013 IBRD-74260 Loan Disb 398,316.40
Oct 15, 2013 IBRD-74260 Int Charges 136.98
Oct 15, 2013 IBRD-74260 Int Charges 9,769.86
Oct 15, 2013 IBRD-74260 Int Charges 145,356.33
Oct 15, 2013 IBRD-74260 Loan Repay 1,975,200.20
Sep 10, 2013 IBRD-74260 Loan Disb 521,536.22
Sep 5, 2014 IBRD-74260 Loan Disb -645,335.44
Aug 4, 2014 IBRD-74260 Loan Disb 1,173,975.20
Mar 18, 2014 IBRD-74260 Loan Disb 367,724.30
May 28, 2014 IBRD-74260 Loan Disb 1,133,407.50
Oct 15, 2015 IBRD-74260 Int Charges 123,684.11
Oct 15, 2015 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2015 IBRD-74260 Int Charges 176.78
Apr 15, 2015 IBRD-74260 Int Charges 231.94
Apr 15, 2015 IBRD-74260 Int Charges 111,102.85
Apr 15, 2015 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2015 IBRD-74260 Int Charges -3,467.09
Apr 15, 2015 IBRD-74260 Int Charges 2,311.40
Apr 15, 2015 IBRD-74260 Int Charges 1,155.69
Oct 15, 2016 IBRD-74260 Int Charges 190,127.47
Oct 15, 2016 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2016 IBRD-74260 Int Charges 135,800.40
Apr 15, 2016 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2018 IBRD-74260 Int Charges 1,432.56
Apr 15, 2018 IBRD-74260 Int Charges 234,066.20
Apr 15, 2018 IBRD-74260 Loan Repay 2,171,007.50
Oct 15, 2017 IBRD-74260 Int Charges 236,372.94
Oct 15, 2017 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2017 IBRD-74260 Int Charges 231,708.22
Apr 15, 2017 IBRD-74260 Loan Repay 2,171,007.50
Oct 15, 2018 IBRD-74260 Int Charges 330,833.50
Oct 15, 2018 IBRD-74260 Loan Repay 2,171,007.50
Oct 15, 2019 IBRD-74260 Int Charges 285,444.03
Oct 15, 2019 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2019 IBRD-74260 Int Charges 316,589.62
Apr 15, 2019 IBRD-74260 Loan Repay 2,171,007.50
Oct 15, 2020 IBRD-74260 Int Charges 114,020.10
Oct 15, 2020 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2020 IBRD-74260 Int Charges 196,410.73
Apr 15, 2020 IBRD-74260 Loan Repay 2,171,007.50
Apr 18, 2022 IBRD-74260 Int Charges 17,913.98
Apr 18, 2022 IBRD-74260 Loan Repay 2,171,007.50
Oct 15, 2021 IBRD-74260 Int Charges 25,835.27
Oct 15, 2021 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2021 IBRD-74260 Int Charges 32,822.00
Apr 15, 2021 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2023 IBRD-74260 Loan Repay 2,171,007.50
Apr 15, 2023 IBRD-74260 Int Charges 104,141.16
Oct 15, 2022 IBRD-74260 Int Charges 325.65
Oct 15, 2022 IBRD-74260 Int Charges 59,214.20
Oct 15, 2022 IBRD-74260 Loan Repay 2,171,007.50
Jan 30, 2007 IBRD-74260 Loan Commitment 56,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Counterpart Funding Moderately Satisfactory 2014-03-29
Project Management Moderately Satisfactory 2014-03-29
Financial Management Satisfactory 2014-03-29
Monitoring and Evaluation Moderately Satisfactory 2014-03-29
Progress towards achievement of PDO Moderately Unsatisfactory 2014-03-29
Procurement Satisfactory 2014-03-29
Overall Implementation Progress (IP) Moderately Unsatisfactory 2014-03-29

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 01-30-2015
OutcomesModerately Satisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-09-2015PROJECT PERFORMANCE ASSESSMENT REPORT: 07-29-2020
Outcome RatingModerately Satisfactory Moderately Unsatisfactory
Risk To Development OutcomeSignificantSubstantial
Bank PerformanceModerately SatisfactoryModerately Unsatisfactory
Borrower PerformanceModerately SatisfactoryModerately Unsatisfactory
Government PerformanceModerately SatisfactoryNot Rated
Implementing AgencyModerately SatisfactoryModerately Satisfactory
Icr QualitySatisfactoryNot Rated
M&e QualityModestNot Rated

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increase in value of properties in targeted citiesValue0.0030.0020.00
    DateFebruary 28, 2014March 31, 2014
    CommentIn addition to positive externalities caused by the project, raise in property values is also due to housing shortage caused bytheinflux of Syrian refugees.Target surpassed
  • Increased Visitation and Stay in Targeted CitiesValue1.461.462.17
    DateFebruary 28, 2014March 31, 2014
    CommentThe geopolitical situation determined by the conflict in Syria continues to impact the average length of stay in Jordan, althoughmuch less than in other countries in the region, showing a relative resilience of the tourism industry in the country, as it cancount on unique assets such as Petra and the Dead Sea.Target missed due to exogenous factors, though the infrastructure delivered through the project will help recovery as the politicalsituation in the region improves.

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percent of area of street networks and public spaces in core upgraded under the project.Value0%95%100%
    DateMarch 8, 2007February 28, 2014March 31, 2014
    CommentPercentage is expected to reach 95% overall, due to delays in Ajloun.Target almost met
  • Percent of targeted historic buildings in core protected and, where feasible, adaptively reused by the project.Value0%95%100%
    DateMarch 8, 2007February 28, 2014March 31, 2014
    Comment10 in Madaba, 2 in Salt, 3 in Karak, and 2 in Ajloun. Only 1 pending completion in Ajloun.Target close to be met
  • Number of Tourism Related Jobs created in target citiesValue0.00250.00500.00
    DateFebruary 28, 2014March 31, 2014
    CommentThe number of direct jobs created remains lower than expected as a result of the difficulties faced by the tourism sector due toinstable political situation in the region. The number of indirect jobs created (as is referred in the end target) is beingestimated in an economic impact assessment.This target includes direct and indirect jobs created, while the actual progress information reflects only direct jobs, due to lackof data. A complete count also targeting indirect jobs is being carried out through the economic impact assessment currentlyunderway, and will be reported in the ICR.
  • Number of facilities improved in targeted citiesValue0.0085.0010.00
    DateFebruary 28, 2014March 31, 2014
    CommentThe indicator was refined as the number of direct tourism/hospitality and cultural heritage businesses created and/or expanded inproject areas.Target surpassed.