SPI Web Site v1.1
Creating Opportunity Where It's Needed Most

IFC Projects Database

IFC Projects Database > Projects > Investment Projects
Nafith Logistics Services PSC
Environmental & Social Review Summary

This Environmental and Social Review Summary(ESRS) is prepared and distributed in advance of the IFC Board of Directors' consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC's activities, and this document should not be construed as presuming the outcome of the Board of Director's decision. Board dates are estimates only. Any documentation which is attached to this ESRS has been prepared by the project sponsor and authorization has been given for public release. IFC has reviewed this documentation and considers that it is of adequate quality to be released to the public but does not endorse the content.
Project number 32425
RegionMiddle East and North Africa
SectorE-BD - Other Support Activities for Transportation (Grain Terminals, Cargo Terminals, Airport Operations)
Company nameNafith International Limited
Environmental category:B
Date ESRS disclosedMay 29, 2013
Previous EventsInvested: December 22, 2014
Signed: April 16, 2014
Approved: November 11, 2013
View Summary of Investment Information (SII), click here

OverviewE & S Project


and Applicable

E&S Risks /

Impacts and


BCSE & S Action



Project Description
Nafith Logistics Services (Nafith, or the Company), is a Jordanian private joint stock company providing freight transportation logistics services to Aqaba, Jordan’s sole seaport. Nafith implements and operates a Truck Control System (TCS) that controls the entry and flow of trucks to and from the port. It maintains countrywide freight transportation information that tracks and manages the data and documentation required for international trade and transportation.

In August 2011 Nafith was also competitively awarded a contract to build and operate a TCS in Iraq’s Basra governorate for the Ministry of Transport to control all trucks entering Umm Qasr Port, 2 smaller ports (Khor Zubair & Abu Floos), the Safwan border crossing with Kuwait and the movement of imported grains from ship to state-owned silos and warehouses. As part of the agreement Nafith is required to construct a major marshalling yard near Umm Qasr and two smaller yards; implement a customized TCS; and monitor trucks through a Radio Frequency Identification (“RFID”) system to be designed by Nafith. Total investment cost is estimated at around US$8.0 million.

Nafith has invited IFC to invest up to US$3.5 million in quasi-equity/equity to support the Company in three main areas, (i) development and commissioning of Iraq project; (ii) widening the scope of service offerings to diversify revenue sources beyond TCS; and, (iii) entering new markets across the MENA region, such as Morocco and Saudi Arabia.
Overview of IFC's Scope of Review
IFC’s review of this investment consisted of appraising technical, environmental and social information made available by the Sponsor and undertaking visits to Nafith’s offices in Amman and logistics operations in Aqaba, Jordan, from March 18-20 2013. During these visits, discussions were held with key management, Human Resources (HR) and operational staff in order to understand Environmental, Health & Safety and Social (EHS) aspects of Nafith’s existing and planned operations.

Stay Connected