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ZCMC Bond Participation
Details
Location:Armenia
Category:Consulting services
Status:Approval
Sectors:Energy, Financial Services & Audit, Extractive Industry
Contracting authority: Zangezur Copper Molybdenum Combine CJSC/ ZCMC
Description
Location:Armenia
Project number:51289
Business sector:Natural resources
Notice type:Private
Environmental category:B
Target board date:17 Sep 2019
Status:Signed
PSD disclosed:14 Nov 2019
Project Description Investing USD 11 million in seni
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tender Background
About the Funding Agency
EBRD - European Bank for Reconstruction and Development - is a multilateral development bank, using investment as a tool to help build market economies. Initially focused on the countries of the former Eastern Bloc (former European Communist Countries), it expanded its support to development in the democracies of 30 countries from central Europe to central Asia. EBRD invests mainly in private enterprises.
EBRD is not to be confused with the European Investment Bank (EIB), which is owned by EU member states and is used to support EU policy.
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Financial Services & Audit
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.
Key areas:
- Financial services, banking, and insurance
- Accounting, auditing, and financial reporting
- Investment, capital markets, and financial inclusion
Locations
Armenia
Armenia has prioritised transport corridor upgrades, renewable energy expansion and digital infrastructure to enhance regional integration and competitiveness. Investments aim to strengthen Armenia’s role as a transit and services economy between Europe and Asia. The government has implemented regulatory reforms and sought foreign direct investment to modernise logistics and energy systems. Continued institutional strengthening and diversification beyond remittances and mining remain central to long-term resilience.
Nr. of tenders: 10488
Nr. of grants: 2814
Nr. of donors: 517
Nr. of jobs: 16
Nr. of tenders: 10488
Nr. of grants: 2814
Nr. of donors: 517
Nr. of jobs: 16
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