| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 85.00 |
| Local Beneficiaries | 17.00 |
Jordan: Support for Industry Development Fund
Abstract*
The project will support the implementation of the main programs of the Industry Development Fund, as well as the development of the Fund’s governance framework and operational capacity to enable it to become an effective vehicle for the implementation of GOJ’s industry development programs beyond the project lifetime. Project disbursements will be provided on reimbursable basis (cover expenditures incurred for the implementation of Fund’s programs)... Show More
Development Objective
To promote investments and exports by project beneficiary firms in the manufacturing sector and to operationalize the Industry Development Fund
Key Details
Project Details
P178215
Active
Mohamed Abdulkader , John Goddard Lopez, Andrius Skarnulis
Hashemite Kingdom of Jordan
March 2, 2022
(as of board presentation)
May 12, 2022
October 2, 2022
US$ 102.00 million
Ministry of Industry, Trade and Supply
2022
US$ 85.00 million
N/A
Substantial
December 31, 2026
TBD
BANK APPROVED
September 3, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 85.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 85.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 102.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 15, 2024 | IBRD-93850 | Int Charges | 94,966.67 |
| Apr 15, 2024 | IBRD-93850 | Int Charges | 302,536.12 |
| Apr 15, 2024 | IBRD-93850 | Int Charges | 73.70 |
| Oct 15, 2023 | IBRD-93850 | Int Charges | 6,511.29 |
| Oct 15, 2023 | IBRD-93850 | Int Charges | 112.15 |
| Oct 15, 2023 | IBRD-93850 | Int Charges | 106,274.76 |
| Nov 8, 2023 | IBRD-93850 | Loan Disb | 1,308,919.00 |
| Nov 20, 2023 | IBRD-93850 | Loan Disb | 2,816,901.50 |
| Jan 8, 2024 | IBRD-93850 | Loan Disb | 10,289,679.00 |
| Apr 15, 2023 | IBRD-93850 | Int Charges | 5,303.23 |
| Apr 15, 2023 | IBRD-93850 | Int Charges | 105,694.03 |
| Apr 15, 2023 | IBRD-93850 | Int Charges | 334.42 |
| Apr 15, 2023 | IBRD-93850 | Int Charges | 42,481.07 |
| Oct 2, 2022 | IBRD-93850 | Fee Charges | 212,500.00 |
| May 12, 2022 | IBRD-93850 | Loan Commitment | 85,000,000.00 |
| May 9, 2024 | IBRD-93850 | Loan Disb | 5,689,696.00 |
| Oct 2, 2022 | IBRD-93850 | Loan Disb | 212,500.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-11-15 |
| Financial Management | Satisfactory | 2024-11-15 |
| Monitoring and Evaluation | Satisfactory | 2024-11-15 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-11-15 |
| Procurement | Satisfactory | 2024-11-15 |
| Project Management | Satisfactory | 2024-11-15 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Increase in annual export values by beneficiary firms of the project. Value 0.00 0.00 5.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment The Fund is fully operational and beneficiary firms receive access to financial and advisory support through the Fund's programs. Value No No Yes Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Increase in private investment by beneficiary firms of the project. Value 0.00 0.00 17000000.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Increased female employment in firms that participate in the outcome-based incentives program. Value 0.00 0.00 5.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Firms that improved water/electricity/waste management efficiency through the implementation of climate-smart solutions supported by the project. Value 0.00 0.00 50.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Female-owned/managed firms that improved water/electricity/waste management efficiency through the implementation of climate-smart solutions supported by the project. Value 0.00 0.00 5.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Firms that received support through Industry upgrading and Export development programs. Value 0.00 0.00 320.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Female-owned/managed firms that received support through Industry upgrading and Export development programs. Value 0.00 0.00 32.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Firms that received support through the outcome-based incentives program. Value 0.00 0.00 280.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Female-owned/managed firms that received support through the outcome-based incentives program. Value 0.00 0.00 28.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Firms that benefited from export credit insurance through project support. Value 0.00 0.00 45.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Female-owned/managed firms that benefited from export credit insurance through project support. Value 0.00 0.00 5.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment Satisfaction of beneficiary firms with the implementation of the project, including its participatory approach and activities. Value 0.00 0.00 70.00 Date May 31, 2022 August 31, 2023 June 30, 2025 Comment