fbpx 50146-002: COVID-19 Working Capital Support Project | Asian Development Bank

Armenia: COVID-19 Working Capital Support Project

Nonsovereign (Private) Project | 50146-002 Status: Proposed

The project will support the borrower's increased working capital needs.

Project Details

Project Officer
Pocheim, Wolfgang Request for information
Country
  • Armenia
Sector
  • Energy
 
Project Name COVID-19 Working Capital Support Project
Project Number 50146-002
Borrower/Company
Country Armenia
Location Nation-wide
Type or Modality of Assistance
Loan Ordinary capital resources USD 20.00 million Approved
Strategic Agendas Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Energy / Electricity transmission and distribution

Gender Equity and Mainstreaming Some gender elements
Responsible ADB Department
Responsible ADB Division
Responsible ADB Officer Pocheim, Wolfgang
Project Sponsor(s)
Description The project will support the borrower's increased working capital needs.
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as environment category C.
Involuntary Resettlement ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as involuntary resettlement category C.
Indigenous Peoples ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as indigenous peoples category C.
Stakeholder Communication, Participation, and Consultation Borrower's environmental and social management system (ESMS) includes provisions and procedures for stakeholder engagement, community consultation, and grievance resolution in its operations.
Timetable for assistance design, processing and implementation
Concept Clearance 14 Apr 2020
Credit Committee Meeting 19 May 2020
Approval -
Last PDS Update 28 May 2020

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

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Related Publications

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