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WB ADOPTED ELAD AS FIRST SERVICE PROVIDER FOR AzRIP

Business Materials 22 August 2005 14:48 (UTC +04:00)

The Azerbaijan Rural Investment Project (AzRIP), financed by the World Bank (WB) almost completed the process of qualification of organizations which would render services to rural communities for ensuring the opportunities for attraction of grants for micro-projects, the Director of AzRIP, Subhan Ahmadov, said. The WB has stated on absence of refusals for conclusion of contacts on service provider in the Mugan-Salyan zone.

"It will enable a management team of AzRIP to conclude a contract with a local non-governmental organization Elad. The contract will be signed in some day.

The management team submitted to the approval of the WB a candidacy of similar services in Shirvan and Nakhchivan zones of Azerbaijan,” Ahmadov said. The term of the $400,000 contact with Elad is 18 months.

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