EBRD Directors visit Jordan

By Nibal Zgheib

Workshop in Jordan

A delegation from the EBRD's Board of Directors is visiting Jordan on 20-23 October. The visit is part of a regular series of consultations that enable EBRD Directors to better understand the priorities for the local economy and to maintain close dialogue with the authorities and the private sector.

Representatives from the Board of Directors include:

  • Claire Dansereau: Canada, Morocco, Jordan, Tunisia
  • Harold Freeman: United Kingdom
  • Kalin Mitrev: Bulgaria, Poland, Albania
  • Johannes Seiringer:  Austria, Israel, Cyprus, Malta, Kazakhstan, Bosnia & Herzegovina
  • Klaus Stein: Germany
  • Dragos Andrei: Romania, Turkey, Azerbaijan, Kyrgyz Republic
  • Anna Bjornermark: Sweden, Iceland, Estonia     
  • Dante Brandi:  Italy
  • Ole Hovland: Norway, Finland, Latvia 
  • Antal Nikoletti: Hungary, Czech Republic, Slovak Republic, Croatia, Georgia

During the visit, the EBRD Board of Directors together with Hildegard Gacek, the Managing Director for the southern and eastern Mediterranean (SEMED) region, and Heike Harmgart, the EBRD Head of Office in Jordan will meet Dr Ibrahim Seif, Minister of Energy & Mineral Resources, Dr. Imad Fakhoury, Minister of Planning and International Cooperation and EBRD’s Governor.

The EBRD delegation will also hold meetings with private sector representatives and associations, partner banks, international financial institutions and the European Union.

The four-day visit to Jordan will include visits to projects financed by EBRD including the Sun Edison Solar Power Plant in Maan, Al Manakher power plant, Abdali Retail training center and the first EBRD inclusion project in Jordan and Abdali District Heating and Cooling station.

Jordan became a member of the Bank in 2012 and to date the EBRD has committed US$ 475 million across 25 projects in various sectors of the economyin addition to US$ 95 million worth of trade facilitation credit lines with local banks. Through the EBRD’s Small Business Support the Bank has also initiated 95 technical assistance capacity-building projects that directly benefit the country’s small and medium-sized enterprises.