Region: Middle East and North Africa
Country: Jordan
Sector: Transportation
Keywords: Knowledge Lab, Airport
Document(s):
- Jordan: Queen Alia Airport401.95 KB
Document Summary:
This series showcases how the Multilateral Development Banks’ collaboration supports the development and implementation of infrastructure investment. This support comes in the form of public sector loans, private sector finance, sector and transaction advice, guarantees, and output-based aid.
Document Details:
The Queen Alia Airport is Jordan’s main international airport and a key component of the country’s transport, trade and tourism infrastructure. In 2007, IFC served as transaction advisor to the Jordanian government on structuring and awarding a 25-year concession to a private sector operator responsible for reconstructing and expanding the airport’s terminal. It was the first successful airport public-private partnership in the Middle East. The Islamic Development Bank (IsDB), IFC, and commercial lenders financed the project. The new terminal was opened in March 2013 and by mid-2014, IFC, with the IsDB, provided and arranged an additional $68 million in loans to finance an expansion of the new terminal’s related facilities.
Updated: April 6, 2022