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$1,840,546.00 (Project budget includes all project-funded activities)
Last Updated Date
May 4, 2024
Project Estimated Start Date
Aug 1, 2020
Project Estimated End Date
Dec 31, 2021
Project Description
The Government of Jordan, through the Ministry of Digital Economy and Entrepreneurship, aims to engage the private sector to expand, finance, operate and maintain the NBN and act as a wholesale player by commercializing the network spare capacity on a PPP basis. IFC will act as Lead Transaction Advisor to the Government of Jordan for this Project.
Development Results
The National Broadband Network (NBN) Project is expected to take a stride beyond its current
infrastructure so as to (i) provide high-speed internet connectivity to additional public entities, as well as
to households and businesses by commercializing NBN’s spare capacity and (ii) mobilize private
sector investment for the network's expansion and upgrade.
Indicator
Cumulative
Number of reports accepted by client
0
Number of agreements (concession, etc.) signed
0
Number of bids conducted
0
Number of people receiving access to improved services (real/non-financial sectors)
0
Value of financing facilitated (US$)
0
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports) completed
null
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 4. Community Health, Safety and Security
As part of the Project and as mandated by IFC's Sustainability Policy, IFC will provide support to GoJ in compliance with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards.
PS 3. Resource Efficiency and Pollution Prevention
As part of the Project and as mandated by IFC's Sustainability Policy, IFC will provide support to GoJ in compliance with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards.
PS 2. Labor and Working Conditions
As part of the Project and as mandated by IFC's Sustainability Policy, IFC will provide support to GoJ in compliance with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards.
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of the Project and as mandated by IFC's Sustainability Policy, IFC will provide support to GoJ in compliance with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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