WAVTEQ Jordan success case study Back to successes
WAVTEQ and Investment Consulting Associates were awarded a 16 months contract with the USAID under the Jordan Competitiveness Program to attract FDI to Jordan. WAVTEQ led global lead generation activities with USAID.
WAVTEQ country offices conducted a global outreach campaign, targeting 1000+ companies and with 100+ qualified prospects identified WAVTEQ designed and delivered a major FDI event in Amman in May 2018, attracting 75 delegates to hear about investment opportunities.
As a result of this work, WAVTEQ identified and secured a $120 million project from a UK construction company, RDA Global. The project consists of the design, build and operation of 5 pre-fabricated housing supply manufacturing facilities, based at the Al Mafraq Zone in northern Jordan (with $40 million capital investment) and housing projects that will result in an additional $80 million of investment within the first two years of operation.
WAVTEQ identified the company, engaged with senior executives, facilitated all Q&A and we organized an inward visit to Jordan for RDA Global's Managing Director in May 2018, which paved the way for two additional visits in summer 2018, at which point WAVTEQ facilitated the conclusion of this deal with the Al Mafraq Zone. Ground-breaking for the factories is billed to begin at the end of 2018.