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Date: 07/03/2010
Title: A Meeting in Aqaba discussing grants system within Regional and Local Development Project in municipalities
Details The Ministry of Municipal Affairs and Cities and Villages Development Bank a meet in Aqaba for representatives of the municipalities (ALtafileh, Ma'an and Aqaba) to introduce grants block on good performance system within the Regional and Local development project in the municipalities. Within series of briefings sessions organized by the CVDB in the governorates. The meeting included presentation of the project and how to utilize it as the ministry is working to find a new system of grants awarded to municipalities is conditional on good performance of all projects financed directly by the government and foreign grants are focused on criteria for performance evaluation in municipalities and economic feasibility study for projects included in its strategic plans. And will be distributed to 10.5 million dinars to the municipalities, the share of each municipality to qualify 350.000) JD JD funded by the World Bank and the French Development Agency grants through the project the aim of establishing development projects contribute to investment in the development of new job opportunities and supply the municipal funds. It also includes a project (local and regional development) was considered in the equation of government transfers to municipalities for access to justice in achieving balanced development in all regions of the Kingdom in conjunction with work on a strategy for local economic development within the project of decentralization. Will be working through the project on the adoption of new standards in levels of urban planning in the Kingdom and the wave will be the basis for all planning within the business plans of totalitarianism. The Ministry of Municipal Affairs and Development Bank towns and villages issued a (financial report), which is the first of its kind in the Middle East, under which select all the subsidies provided to the municipalities. The presidents of municipalities in the meeting organized by the glitter address «proposals for policies and standards of the Urban Development Bank partnership with the municipalities and the private sector in investment projects». The chief investment officer of the Development Bank towns and villages Bakr الرحامنة briefing on the Bank's vision for partnership and investment with the municipalities and the private sector, including the project site is the property of the municipal bond registration and the organization as appropriate to make a request to the municipal partnership project by clarifying the concept and the feasibility study by the Study Group projects in the bank. With respect to the partnership with the municipalities and the private sector in projects that need to manage specialized technical Alrihanh said that there will be popular participation in the selection of the project and conduct the economic feasibility and the bank does not participate in the project if the annual financial rate of return at least 15 percent and at least 100 capital thousand dinars, and other requirements put forward by the Director of investment in the bank. In turn, the mayor of the major meanings Khaled al-Khattab gave a presentation on the needs of meanings of the service projects and investment and the importance of partnership with the private sector and benefit from the experience of the Development Bank of cities and villages. He said the letter that the municipality intends to establish a participatory manner with the Development Bank towns and villages $ 300 thousand dinars project includes construction of a shopping center after he was starting the implementation of a business venture with a partner from the city $ 260 thousand dinars. In turn, reviewed the heads of municipalities to maintain the most important needs and projects they intend to implement them
 
   
   
   
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