Quick Facts

Where the impacts of the investment may be experienced.
  • Armenia
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Active
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.
Board Decision Date: 2016-07-26
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 or Client: Republic of Armenia
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
  • Technical Cooperation
  • Water and Sanitation
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 0.67 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): $ 0.67 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ WB website
Updated in EWS: 2017-08-08
Disclosure Date: 2016-04-24
Eurasian Development Bank Mastara Reservoir Preparation

Project Description
This project finances technical cooperation to support preparation for the Mastara Reservoir Project, financed by the Eurasian Fund for Stabilization and Development. This includes supporting project preparation studies, and enhancing preparation and implementation capacity.
Investment Description
This project is being financed by the Free-standing Technical Facility for ECA.
Contact Information
World Bank Contact: Winston Yu Title: Sr Water Resources Spec. Tel: 473-8536 Email: wyu@worldbank.org Name: Republic of Armenia Contact: Artak Marutyan Title: Head of Reporting and Servicing Division Ministry of Finance Tel: 37410595237 Email: artak.marutyan@minfin.am Name: Water Sector Projects Implementation Unit State Agency Contact: Feliks Melikyan Title: Director Tel: 37410277943 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.
Bank Documents