Jerash Holdings was featured by the World Bank highlighting the company’s ongoing efforts to employ Syrian refugees at its factories near Aman, Jordan.
Originally published on the WorldBank website under:
Refugees mean business: the role of the private sector in creating economic opportunities for the forcibly displaced
by Benjamin Herzberg, Daphne Yong-D’Hervé –
For refugees, building a new life in a host country is filled with challenges. They face difficulties finding jobs, and they face barriers to starting a business. They may find themselves cut off from credit and investment—and from other products and services that are so critically important. All of this limits their ability to build a better livelihood.
But for each of these challenges, the business community has much to give and much to gain. Business can be a source of jobs, provide support for entrepreneurship and make investments that benefit refugees and those hosting them. And they can offer goods and services geared to refugees’ needs. In turn, refugees bring skills, talents, and drive to employment, and as customers they represent revenue for companies.
Refugees can also be good for host communities and countries.As employees, entrepreneurs, and customers they do just that.
Our work through the Private Sector for Refugees (PS4R) initiative over the past three years has shown how this win-win-win can work.:
Jobs, of course, are one of the greatest needs of refugees. Jerash Holdings is a U.S. company listed on Nasdaq that manufactures and exports sport and outerwear from Jordan. In 2016, Jerash worked with development partners to identify prospective employees, hiring women who fled the war in Syria. The company provides transportation from the Zaatari refugee camp to jobs at its factories near Amman, and continues to employ refugees, who have proven to be reliable and productive workers.