Project Management Support to the Ministry of Transport and Communication (ADB-49126-001)

Countries
  • Armenia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 8, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Republic of Armenia; Ministry of Transport, Communication and Information Technologies
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.43 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 9, 2020

Disclosed by Bank Mar 29, 2017


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Project Description

According to ADB website, the impact of the project is aligned with the outcome of the Multitranche Financing Facility and Administration of Cofinancing Republic of Armenia: North South Road Corridor Investment Program more efficient, safer, and sustainable transport network. The project outputs are:

1. Increased understanding of the causes of noncompliance with specifications and defects and;
2. Increased awareness of the responsibilities and the best practices in inspection and assessment of nonconformity with contract specifications.

Investment Description
  • Asian Development Bank (ADB)

TA 8896-ARM: Project Management Support to the Ministry of Transport and Communication
Technical Assistance Special Fund: US$ 225,000.00

TA 8896-ARM: Project Management Support to the Ministry of Transport and Communication
Technical Assistance Special Fund: US$ 200,000.00 (Supplementary)

Contact Information

Project Officer: Herz, Thomas
Central and West Asia Department
No contact information provided at the time of disclosure.

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main