As stated by the World Bank, the Project Development Objective is to strengthen the government's capacity to provide export promotion, investment attraction and quality management services to firms.
More specifically, the Trade Promotion and Quality Infrastructure Project for Armenia is designed to provide adequate incentives to ensure improved effectiveness of the government in delivering trade promotion and quality infrastructure services to firms. The Project is comprised of four components:
(i) Component 1: Improving the effectiveness of the trade promotion and quality system of the country (results-based financing - RBF),
(ii) Component 2: Promoting investment and exports,
(iii) Component 3: Modernizing the national quality infrastructure, and
(iv) Component 4: Project management and monitoring and evaluation.
The project is designed with a results-focused component (Component 1) to be complemented by the investments financed through Components 2 and 3 of the project and other sources including the government and donor funds outside the project. By combining the RBF component with the traditional investment components, the project is designed to ensure the critical institutional strengthening needed to maximize the effectiveness of the investments takes place.
World Bank Team Leaders:
Borrower - Ministry of Economy:
Implementing Agency - Ministry of High Tech Industry:
ACCESS TO INFORMATION
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ACCOUNTABILITY MECHANISM OF THE WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing firstname.lastname@example.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint