Private Sector For Refugees

 

Project Profile: PS4R in Jordan

PS4R’s work in Jordan between 2018 and 2022 led to $64.5 million in investments in FDP-related Jordanian businesses and $114.8 million in sales. It also contributed to the creation of 1,930 new jobs – 1,602 for Jordanians, 328 for refugees, and included 1,332 for women.

Capability-building for FDP-related businesses provided the foundation of the PS4R initiative. 86 such businesses received enterprise development, export marketing, and other business development services through PS4R, which was then known as the Refugee Investment Matchmaking Platform (RIMP).

Business-to-business matchmaking was also a critical part of the project. Deal books containing profiles of each of the supported companies—154 in all covering 12 sectors—were at the center of that work. The deal books provide a way for FDP-related businesses to connect with local, regional, or global companies as partners, customers, or suppliers.

PS4R also engaged extensively with Jordan’s Export Promotion Agency (JE), supporting their work to promote exports from Jordanian companies. PS4R connected JE with capacity-building support from intermediaries. JE also received technical assistance from other World Bank projects underway in Jordan.