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$1,500,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Jun 12, 2021
Project Estimated End Date
Oct 1, 2017
Project Description
The Project will provide continuing advisory support to the Government of Armenia, aiming to enable investment, business growth and job creation, through improved investment policy, and reduced regulatory uncertainty and regulatory improvements targeting
business inspections.
Development Results
The project builds on earlier achievements to improve IC in Armenia, but with emphasis on promoting investment (foreign and domestic) through investment policy, reduction of regulatory uncertainty and with a sector focus on agribusiness, in line with export and job creation potential. Implementation and sustainability are the focus throughout.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of participants in workshops, training events, seminars, conferences, etc.
Not Available
1,012
Number of entities receiving advisory services
Not Available
16
Number of workshops, training events, seminars, conferences, etc.
Not Available
65
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
45
Number of new laws/regulations/amendments/codes/government policies drafted, or contributed to the drafting
Not Available
28
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project
design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide
recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.