PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

605140

Primary Business Area

Infrastructure

Disclosure Date

May 2, 2021

Country

Jordan

Region

Middle East

IFC Approval Date

Oct 16, 2020

Status

Completed

Estimated Total Budget

$375,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Sep 1, 2020

Project Estimated End Date

Jun 30, 2022

Project Description

This advisory services project aims to complement a potential IFC financing project that is focused on the relocation of the Irbid central wholesale market for vegetables and fruit from the congested city center to a new location, which is expected to result in larger volumes of trade and to increase jobs, among other aspects. The municipality’s limited capacity and financial balance sheet have so far constrained the relocation of the market. More specifically, this advisory services project is to include: 1) Strategic planning and capacity building, focusing on the municipality’s capacity for anticipating and managing environmental and social (E&S) risks for the investment and other future infrastructure developments; and 2) Project development support, including conducting a supplementary Environmental and Social Impact Assessment (ESIA), and undertaking a gap analysis between good international industry practice, such as IFC Performance Standard 5 (Land Acquisition and Involuntary Resettlement) requirements, and the Jordanian legislation, regulations and procedures.

Development Results

E&S Risks / Impacts and Mitigation