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BearingPoint has been awarded a contract by the United States Agency for International Development to implement the Sustainable Achievement of Business Expansion and Quality program (SABEQ) for Jordan.
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BearingPoint wins $69 million contract to enhance Jordan’s global competitiveness
The purpose of SABEQ is to spur economic growth and reduce poverty in the country by increasing the number of jobs available to Jordanians and enhancing the competitiveness of Jordanian firms, important steps the Government of Jordan is taking to meet its goal of increasing economic growth to reduce poverty. The five-year contract is estimated at approximately $69 million.
The SABEQ program is the cornerstone of USAID and Jordan’s economic growth efforts, and is designed to provide a flexible and integrated set of services in four areas: Improve financial integrity, oversight and broaden capital markets; expand trade and investment; remove Government of Jordan constraints to achieving private sector competitiveness; and enhance productivity.
This is the second recent contract BearingPoint has received through USAID to work with the Government of Jordan. Earlier this year, BearingPoint was awarded a $14 million contract to provide technical assistance in the area of fiscal reform, with a focus on tax policy, tax administration and budget management.
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