This program is dedicated for financing small and medium industrial projects, in coordination with the Italian Investment Promotion Unit, to assist the Jordanian or Jordanian-Italian companies, in order to fund their needs by Italy.
The Jordanian companies, or the joint Jordanian - Italian companies.
Fixed interest rate of 5% shall be applied.
The financing Limit shall be 1808000 Euro, and not less than 50000 Euro or equivalent in Jordanian Dinars.
- Economic feasibility study of the project to be financed.
- Assessment of anticipated cash flows based on fixed time.
- Procurement contract agreed upon.
- Commercial Performa invoice of the equipment and technology.
As an initial step to obtain assistance and instructions necessary to prepare these documents, Italian Investment Promotion Unit shall be informed and referred to.
Repayment period from (4) four to (10) ten years, including (1) one to (3) three years grace period.
1- Partnership in stakeholders’ shares.
2- Create and increase jobs.
3- Renew/ invent technology.
4- Control pollution, and clean, environment - friendly production.