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Local Economy and Infrastructure Development Project

Sector: Road • Location: Armenia

Source: World Bank Group

Project
Closed

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 Group

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Project Information

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The project “Local Economy and Infrastructure Development Project” is an infrastructure initiative in the Road sector, located in Armenia. Taiyo aggregates data on it from World Bank Group.

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 Group

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

2025-12-17

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