The King Abdullah II Fund for Development (KAFD) was established by a royal decree in 2001 as a non-governmental organization. Its aim was to support the Jordanian community by driving human and infrastructure development. KAFD works to further develop key sectors in Jordan and improve local standards of living for all segments of the Jordanian community, targeting individuals, public and private sectors and civil society organizations.
KAFD’s vision is to serve as a leading and innovative organization working to promote sustainable progress and elevate the socioeconomic status and prosperity in Jordan. Its mission is to empower the Jordanian people and community by pioneering human and infrastructure development and establishing sustainable public-private partnerships that operate in harmony with national development efforts.
His Majesty King Abdullah II Ibn Al Hussein issued directives to the government in December 2001 to establish a special fund to serve as the institutional umbrella that contributes to supporting efforts at all levels; developmental, social and educational.
In implementation of His Majesty, the King Abdullah II Fund for Development (KAFD) was created as a non-governmental organisation to enhance productivity through implementing development projects that help alleviate poverty and unemployment in partnership with the private and the public sectors.
The KAFD focuses on investing in human resources though providing necessary training and support to empower them to contribute to the development of the country's future in line with His Majesty's reform vision at the economic and social spheres.
The KAFD works to harness the potential of the young people in Jordan and encourage innovation and excellence among them through developing their entrepreneurial skills and preparing them to penetrate the labour market. Thus, the KAFD implemented and supported a series of programmes and initiatives under the motto “Active Citizens, Creative and Qualified for the Job Market” to promote youth engagement and enhance leadership skills.
The KAFD places a heavy emphasis on the youth sector and places it at the top of its priorities in accordance with His Majesty King Abdullah II Ibn Al Hussein's directives. It implements a series of programme and projects that aim to engage the youth in the development process. The KAFD's activities are focused on five areas:
Entrepreneurship:
Employability Development:
Community and Communication:
Capacity Building:
All Jordan Youth Commission:
These projects include the Jordanian Company for Heritage Revival that also works to contribute to the development of Petra, Shobak, the Jordan Agricultural Produce Promotion Company that aims to improve the conditions of farmers in DeirAlla, Ghor Fifa and Al Qasmieh and the Ma’an Development Company that works as the master developer for the Ma’an Development Area.
In addition, the KAFD established the Dead Sea Company for Tourism and Real Estate Investment that seeks to develop the eastern shores of the Dead Sea, the Royal Academy of Culinary Arts that aims to put an end to the culture of shame among Jordanian youth towards non-traditional disciplines of study and the Jordanian company for promoting heritage products that seeks to help improve the living standards of owners of small craft industries and provide them with a platform to promote for their products under the brand name of Urdon Shop.
Objectives
Areas of Work
Beneficiaries
KAFD’s programs and projects serve individuals, groups, companies, and public and private institutions by fully observing the fund's principles of transparency, productivity, profitability, sustainability, mutual cooperation, and effective funding. The fund hopes through full observance of these principles to achieve the envisioned economic and social impact while maintaining harmony with the modern economic mode of Jordan.