Development Credit Authority  

As part of its efforts to improve the competitiveness of the Jordanian tourism industry, the Jordan Tourism Development Project (SIYAHA) is actively seeking opportunities to increase the level of private sector investment in financially viable tourism enterprises and projects. This report summarizes work completed to date under SIYAHA to explore options for utilizing the Development Credit Authority guarantee mechanism as well as related activities to create linkages to stimulate needed financing for tourism micro-, small, and medium enterprises. The report also identifies decisions and actions which must be taken in order to integrate the Development Credit Authority guarantees into the remainder of project Year 1, in addition to presenting ideas that have not been explored yet in detail that could be considered for project Years 2 and 3.