PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

566168

Primary Business Area

Infrastructure

Disclosure Date

May 25, 2009

Country

Jordan

Region

Middle East

IFC Approval Date

Oct 21, 2008

Status

Completed

Estimated Total Budget

$4,970,704.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Sep 12, 2008

Project Description

The project serves as transaction advisor to the government of Jordan through the Executive Privatization Commission for implementation of a public-private partnership (PPP) in the concessioning of the Amman Ring Road, the first road in Jordan delivered by the private sector as a PPP. Objectives are to: 1) facilitate transportation throughout Amman via an expressway circling the city; and 2) expand the road capacity, improve the services of the road, and provide adequate infrastructure to support the expected growth in the area.