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Consultants involved in frame of new WB project in Azerbaijan

Business Materials 24 July 2012 16:03 (UTC +04:00)

Azerbaijan, Baku, July 24 /Trend A.Akhundov/

Social Fund for Development of internally displaced persons in Azerbaijan announced a tender for consultancy services in the framework of the World Bank (WB) project to improve living conditions and incomes of displaced persons in Azerbaijan, the Fund said on Tuesday.

Consulting services are involved to evaluate repairs of the eight public-housing buildings.

Tender bids must be submitted to the fund till August 6, 2012.

The third WB project on improving the living conditions and income of IDPs in Azerbaijan approved in 2011 is funded by the International Bank for Reconstruction and Development (IBRD is part of the WB). The share of government involvement in the project is $28.5 million. Thus, the overall funding of the project is $78.5 million. Azerbaijan and the World Bank (WB) signed a credit agreement in Baku on Nov.16, 2011.

Under the project, there will be over 200 micro-projects carried out that will cover 120,000-150,000 people. It will also contribute to improving the living conditions of about 30,000 people. About 1400 young people will be able to get training and grants to start their own business. In addition, about 1500 micro credits will be given to the displaced to open or expand a business.

In total, about 185,000 IDPs in Azerbaijan will have greater access to infrastructure services, to improve their living conditions and earning potential under the new WB project.

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