On October 1, 2008, the new Japan International Cooperation Agency (JICA) was established as a result of a merger of JICA with the overseas economic cooperation operations of the Japan Bank for International Cooperation (JBIC). The new JICA also succeeded some of the Ministry of Foreign Affairs' grant aid programs, which are offered as part of Japan's Official Development Assistance (ODA).
It was agreed on July 16, 1985, between the government of Japan and the Government of the Hashemite Kingdom of Jordan, that the government of Japan will, in accordance with the laws and regulations in force in Jordan, carry out the following forms of technical cooperation:
On November 1, 2006, JBIC officially inaugurated its representative office in Amman. The opening of this office enabled JBIC to make further effort to support economic and social development, as well as business enhancement of Japanese firms in Jordan, which are important for achieving stability in the Middle East and a secure supply of natural resources to Japan. Various types of loans were provided for projects in Jordan, including Japanese ODA Loans since 1974.
The new JICA integrates three major types of assistance offered by Japan: technical cooperation, ODA loans, and grant aid. As a result, it became one of the most important comprehensive development assistance institutions in the world. The new JICA aims at effective and efficient assistance to Jordan with further efforts in collaboration with private sector and NGOs which play important roles in development of Jordan.