LIFELINE ROAD NETWORK IMPROVEMENT PROJECT - Second Additional Financing (WB-P169158)

Countries
  • Armenia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
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.
Borrower
Government of Armenia
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)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 18.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 5, 2019

Disclosed by Bank Feb 26, 2019


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to bank documents, the additional financing aims to improve access of rural communities to markets and services through upgrading of selected lifeline roads, and to strengthen the capacity of the line ministry in charge of roads to manage the lifeline road network. The following are the components: 

1. Lifeline Road Improvement

2. Project Management and Institutional

3. Strengthening Contingent Emergency Response

Investment Description
  • World Bank (WB)
Contact Information

Borrower/Client: Republic of Armenia
Atom Janjughazyan, Minister of Finance
Email Address: ajanjughazyan@minfin.am 

Implementing Agency: Ministry of Transport, Communications and Information Technologies
Christine Ghalechyan, Acting Director, Transport PIO State Institution
Email Address: christine.ghalechyan@tpio.am 

ACCOUNTABILITY MECHANISM OF 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 ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.