VOL. XLIII

No. 51

18-December-2000

JORDAN

IFC To Finance Jordans Boscan Groups Expansion With $15Mn

The International Finance Corporation (IFC) on 11 December announced that it had approved $14mn worth of loans and $1mn in equity to the Jordanian luggage manufacturer Boscan Jordan Group (BJG). According to an IFC press release, the investment will allow the company to triple production at its facility in Irbids Qualifying Industrial Zone (QIZ) and the expansion of Boscans operations is likely to...