Bank Executed
To support: (a) improvements in Jordan’s investment framework to improve clarity and transparency of market access rules for foreign investors, lift fundamental investor rights to international standard, and refocus JIC as the lead investment promotion agency (IPA); (b) institutional reforms so that JIC’s mandate and capacity are aligned with international good practices for investment promotion agencies; (c) rationalization of the incentives policy; and (d) development of the Investment Promotion Strategy to identify the focus of JIC’s investment promotion activities and organize JIC’s investor attraction activities for maximum impact.
Bank Executed
To assess Jordan’s Deep Trade Agreements (DTAs) from two different perspectives:
- a benchmarking of those agreements against other regional agreements signed by third countries, examining the trade effects that DTAs have had on the Jordanian economy so far, and
- an evaluation of the extent to which Jordanian authorities have applied good practices on DTA implementation (covering treaty administration, cross-agency coordination, and support to the private sector in its transition to free trade).
Bank Executed
The project's objective is to support the design, implementation, and related capacity building to implement the Investor Grievance Mechanism. The objective of the mechanism is to identify as early as possible grievances that arise between already established investors and government entities before they lead to withdrawal, cancellation of investment or before they escalate to full-fledged disputes. This will assist both the investors and the government to identify and solve grievances that will de-risk investment and enhance regulatory predictability in Jordan.
Recipient Executed
Provided support to the Ministry of Investment (MoIn), during its transition from a commission (JIC) as part of the efforts under Reform Area 4.1: Investment Environment and Promotion. The support encompassed a comprehensive assessment of MoIn's information management system, investor engagement practices, performance evaluation procedures, and communication methods. Additionally, guidance was offered to MoIn in effectively meeting the demands and expectations of external stakeholders. Furthermore, provided support for the development of an institutional strategy, ensuring a smooth and successful transition for MoIn.
Recipient Executed
Provide support to the Ministry of Investment (MoIn) in analysing the key strategic, operational, and organizational challenges involved in the successful implementation of the promotional strategy action plan. This support falls under Reform Area 4.1: Investment Environment and Promotion.
Recipient Executed
This technical assistance initiative aims to support the Ministry of Investment in the preparation of a Comprehensive National Investment Strategy in Jordan. The support encompasses strategy development and the establishment of guidelines for its preparation. Additionally, it assists in the implementation process of the strategy to ensure systematic implementation procedures. This involves highlighting underlying factors that could potentially affect implementation and providing recommendations to address implementation challenges and bottlenecks. This support falls under Reform Area 4.1: Investment Environment and Promotion.
Bank Executed
To inform the implementation and monitoring of the sectoral licensing reform under the Investor Journey Program. The project is closely linked to the Jordan Reform Matrix, specifically it is aligned with Pillar 3 of the Jordan Five-Year Reform Matrix “Business Enabling Environment” and its sub-pillars on business registration and licensing, inspection, and competition.
This will be achieved by collecting baseline data and information on the impact of the licensing processes on the private sector, as well as providing TA to the Government of Jordan as it implements the licensing reforms to achieve the needed results.
Recipient Executed
This technical assistance aimed to support the Ministry of Investment in developing a framework for the Investment Environment Law No. 21 of 2022 and related regulation No. 7 of 2023. The goal is to attract more investments and enable existing ones by implementing policies that encourage investment and enhance the competitiveness of Jordan's main economic sectors. This support is aligned with Reform Area 4.1: Investment Environment and Promotion.
Recipient Executed
Supported the Ministry of Investment in upgrading the CRM system to include the Investor Grievance Mechanism module. This support fell under reform area 4.1: Investment Environment and Promotion.
