📋 Tender Overview
Project Name
Preparing for the Lake Yerevan and Hrazdan Gorge Rejuvenation Project
Project Number
58415-001
Country / Economy
Armenia
Project Status
Active
Project Type / Modality of Assistance
Technical Assistance
Source of Funding / Amount
TA 10511-ARM: Preparing for the Lake Yerevan and Hrazdan Gorge Rejuvenation Project
High Level Technology Fund US$ 1.20 million
Operational Priorities
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP4: Making cities more livable
OP6: Strengthening governance and institutional capacity
Sector / Subsector
Water and other urban infrastructure and services / Other urban services - Urban policy, institutional and capacity development
Gender
Some gender elements
Description
The proposed Technical Assistance (TA) will support the Government of Armenia, Yerevan Municipality, and the Asian Development Bank (ADB) in preparing for the Lake Yerevan and Hrazdan Gorge Rejuvenation Project. The Mayor of Yerevan requested the TA in July 2024, intending to use its outputs as a basis for the city's submission under Armenia's Public Investment Management (PIM) Framework. Upon PIM approval, the project will be integrated into the government's pipeline under the Midterm Expenditure Framework, facilitating a formal financing request. The loan is currently a standby project for 2027 in ADB's pipeline but may be expedited to 2026 if the TA achieves its objectives, with ADB working closely with stakeholders to ensure a viable investment proposal.
Project Rationale and Linkage to Country/Regional Strategy
The proposed TA is aligned with Armenia's Nationally Determined Contribution and National Adaptation Plan of Armenia; Programme of the Government of the Republic of Armenia, 2021-2026; and the Five-Year Program for Yerevan's Development (2024-2028), which focuses on enhancing environmental sustainability and urban resilience. The TA also aligns with ADB's Strategy 2030 addressing urbanization challenges and promoting livable cities and climate resilience. By incorporating advanced technologies and community engagement, the TA reflects lessons learned from international experience including ADB's urban projects in Southeast Asia, which have effectively used technology and participatory approaches.
Impact
Urban resilience and livability of Yerevan enhanced (The Five-year Program for Yerevan's Development, 2024-2028)
Project Outcome
Description of Outcome
Capacity of Yerevan to rejuvenate Lake Yerevan and Hrazdan River improved.
