Results of ADB-Supported Operations: Armenia

Since Armenia became a member of ADB in 2005, ADB's operations in the country have focused on infrastructure, particularly roads and water supply, and financing small and medium-sized enterprises.

The country operations business plan (COBP), 2014-2016, for Armenia supports ADB’s key strategic agendas of inclusive and environmentally sustainable growth and regional integration, as well as the government's objective of increasing employment through the creation of quality and high-productivity jobs.

The country brief summarizes how the partnership between the Government of Armenia and ADB has contributed to the development of the country.

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Development Results of ADB-Supported Operations in Armenia, 2010-2013

Transport

Use of roads built or upgraded between 2010-2013: 189,426 average daily vehicle-kilometers in the first full year of operation

Traffic benefiting from built or upgraded roads in the year after project completion. Vehicles are buses, trucks, minivans, cars, motorcycles, and other motorized means of conveyance, depending on the country and location. Daily vehicle-kilometers is to be calculated by adding all distances in kilometers traveled by all types of vehicles in a day on roads built or upgraded.

Contributing ADB Projects

Type of Assistance Approval Number Approval Date Closing Date Success Rating* Output
40610: Rural Road Sector Project
Project 2351 9/28/2007 9/30/2011 Successful 189,426

*Ratings are based on project completion reports (PCRs) issued in 2010-2013. These ratings are updated when project completion report validation and/or project/program performance evaluation reports become available. As the PCR for each project is usually prepared 12 -24 months after project completion, the figures may include information from projects completed earlier than 2010.

Roads built or upgraded between 2010-2013: 263 kilometers

Length of expressways and national highways (i.e., fully access-controlled roadways) and provincial, district, and rural road networks (i.e., roads without full access control) built or upgraded, expressed in kilometers.

Contributing ADB Projects

Type of Assistance Approval Number Approval Date Closing Date Success Rating* Output
40610: Rural Road Sector Project
Project 2351 9/28/2007 9/30/2011 Successful 263

*Ratings are based on project completion reports (PCRs) issued in 2010-2013. These ratings are updated when project completion report validation and/or project/program performance evaluation reports become available. As the PCR for each project is usually prepared 12 -24 months after project completion, the figures may include information from projects completed earlier than 2010.

Provincial, district, and rural roads built or upgraded between 2010-2013: 263 kilometers

Length of expressways and national highways (i.e., fully access-controlled roadways) and provincial, district, and rural road networks (i.e., roads without full access control) built or upgraded, expressed in kilometers.

Contributing ADB Projects

Type of Assistance Approval Number Approval Date Closing Date Success Rating* Output
40610: Rural Road Sector Project
Project 2351 9/28/2007 9/30/2011 Successful 263

*Ratings are based on project completion reports (PCRs) issued in 2010-2013. These ratings are updated when project completion report validation and/or project/program performance evaluation reports become available. As the PCR for each project is usually prepared 12 -24 months after project completion, the figures may include information from projects completed earlier than 2010.

Roads built or upgraded, Rural between 2010-2013: 263 kilometers

Length of expressways and national highways (i.e., fully access-controlled roadways) and provincial, district, and rural road networks (i.e., roads without full access control) built or upgraded, expressed in kilometers.

Contributing ADB Projects

Type of Assistance Approval Number Approval Date Closing Date Success Rating* Output
40610: Rural Road Sector Project
Project 2351 9/28/2007 9/30/2011 Successful 263

*Ratings are based on project completion reports (PCRs) issued in 2010-2013. These ratings are updated when project completion report validation and/or project/program performance evaluation reports become available. As the PCR for each project is usually prepared 12 -24 months after project completion, the figures may include information from projects completed earlier than 2010.

Finance

Small and medium-sized enterprise loan accounts opened or end borrowers reached between 2010-2013: 1,136

Preferably number of end borrowers, but if not available, the number of small and medium-sized enterprise (SME) loan accounts opened (regardless of amount) over the course of the project. The calculation does not include equity operations for SMEs. The definition of SMEs follows the definition generally used in the country of the project.

Contributing ADB Projects

Type of Assistance Approval Number Approval Date Closing Date Success Rating* Output
40932-014: Inecobank (Armenia)
Loan 7264/2358 6/29/2005 9/21/2012 Successful 1,136

*Ratings are based on project completion reports (PCRs) issued in 2010-2013. These ratings are updated when project completion report validation and/or project/program performance evaluation reports become available. As the PCR for each project is usually prepared 12 -24 months after project completion, the figures may include information from projects completed earlier than 2010.
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The table includes projects completed during the period, and funded by ADB's ordinary capital resources and/or the Asian Development Fund, cofinanciers, and the government. The outputs presented are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. ADB monitors progress on these outputs in the annual Development Effectiveness Review. The numbers represent the sum of outputs and beneficiaries of individual projects. Therefore, the beneficiary numbers reported under education—teachers trained, and students benefitting from school improvement programs or direct support—include those who benefited from more than one project.

Source: ADB project completion reports