A
- Advertising Agencies
- Arabic Sweets,
Pastries, Chocolates
- Architects


B
- Banks
- Beauty


C
- Car Rental
- Coffee Shops
- Commerce
- Consulting
- Craft


D
- Data Processing &
Computer Systems
- Decoration &
Furnishing


E
- Environment / Waste
Management Services
- Express Delivery
- Equipment : food
services, catering,
kitchen, laundry


F
- Financial Services
- Flowers
- Food & Beverage


H
- Hotels 3
- Hotels 4 & 5
- Hotels & Suites


I
- Industry
- Insurance
- Interior Design /
Decoration
- Internet


J
- Jewelleries


L
- Leisure
- Lighting


M
- Medias
- Medical / Technology


O
- Office Equipments /
Electronics
- Outside Decoration


P
- Printing


R
- Real Estate
- Restaurants


S
- Security
- Shop Systems
- Superstores


T
- Telecommunication &
Mobile Phones
- Transport
- Travel Agencies










 


 
Back to archives Back to news
French Version

IFC to invest $12.5m in Jordan's Cybercity

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has agreed to lend up to US$12.5 million for the first phase of the development of Cybercity...

JORDAN (Star) - The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has agreed to lend up to US$12.5 million for the first phase of the development of Cybercity, a world-class integrated industrial park in Irbid. The project will have a far-reaching developmental impact, creating up to 20,000 skilled and semi-skilled new jobs as well as stimulating the local economy.

The $55.9 million project, promoted by the Industry and Information Technology Development Company (IITPD), has been granted the status of "Qualified Industrial Zone" (QIZ), which provides companies located in the park quota-free and duty-free access to the U.S. market. In addition, IITPD has been given a "Special Export Free Zone" status, which provides a 12-year tax holiday and other incentives for tenant companies. IITPD is owned by Jordan Industrial and Technology Park Investment Co., a joint venture between Boscan Middle East Investment Ltd. and Jordan University of Science and Technology. With an area of 4 square kilometers, it will be the largest operating QIZ in Jordan.


Mr. Sami Haddad, Director of IFC's MENA Department, noted the positive impact of the industrial estate on the local economy. "We expect the IITPD industrial zone to boost the local economy by creating new jobs, attracting foreign investment, and promoting technology and skills transfer. It will also stimulate a host of complementary small and medium-sized enterprises that will service tenant companies and their employees."

Amman,09February2002
The Star redaction
The Star


Geography
Some Marks
To see in Jordan
Overview
Fairs & Exhibitions
Useful Addresses
Media of 1stjordan
Impact of 1stjordan
The 'First Jordan' Card
Press Book
Exotica - Flowers - Shopping on line
www.exotica.com.lb
Engineering Consultants Lebanon
www.spectrumlb.com
Nsouli Jewelry Lebanon
www.nsoulijewelry.com
Hotel Beirut Lebanon
acropolishotel.com
Rent Villas France for Holidays, Seasonal Rentals France
www.rent-villas-france.com
Sole Agent for Philips & Whirlpool in Lebanon
www.azelectronic.com
Arab Printing Press Lebanon
www.arab-printing-press.com
Hotel Beirut Lebanon
www.hotelcavalier.com
Arabic Music, CD Arabia
www.cd-arabia.com
Hotels Syria
www.chamhotels.com
Groupe PMR
www.groupe-pmr.com