Local Economy and Infrastructure Development Project
Sector: Road • Location: Armenia
Source: World Bank
The development objective of the Local Economy and Infrastructure Development Project for Armenia is to improve infrastructure services and institutional capacity for increased tourism contribution to local economy in selected regions of Armenia. The project comprises of three components. The first component, heritage hub regeneration and tourism circuit development will comprise of four sub-compo
- Status
- Closed
- Sector
- Road, Water Supply and Storage, Power Transmission, Waste Processing and Treatment, Forest Products and Packaging, Hotel, Power Generation (CCGT), Government, Commercial
- Location
- Armenia
- Updated
- 22 Jul 2026
- Source
- World Bank
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Project Information
Participants
Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The development objective of the Local Economy and Infrastructure Development Project for Armenia is to improve infrastructure services and institutional capacity for increased tourism contribution to local economy in selected regions of Armenia. The project comprises of three components. The first component, heritage hub regeneration and tourism circuit development will comprise of four sub-components: (i) heritage hub regeneration; (ii) development of the tourism circuits; (iii) public-private investment (PPI); and (iv) project management, designs, and construction supervision. The second component, institutional development will increase the institutional capacity and performance of the Development Foundation Armenia (DFA), Ministry of Economy (MoE), the Historical and Culture Heritage Protection Agency (HCHPA), project implementing entity and other local and regional entities. The third component, contingent emergency response (CER) can be used to channel additional funds should they become available as a result of the emergency. |
Original sector | FY17 - Health,FY17 - Social Protection,FY17 - Transportation,FY17 - Water, Sanitation and Waste Management |
Budget |
Location
Country | Armenia |
Source
Source | World Bank |
URL |
More Details
Record type | Project |
Sector | Road, Water Supply and Storage, Power Transmission, Waste Processing and Treatment, Forest Products and Packaging, Hotel, Power Generation (CCGT), Government, Commercial |
Article published date | 2025-12-15 |
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