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Consultants attracted within WB project in Azerbaijan

Business Materials 4 December 2012 18:44 (UTC +04:00)

Azerbaijan, Baku, Dec. 4 /Trend A.Akhundov/

The Azerbaijani Social Fund for the Development of Internally Displaced Persons has announced a tender for consultancy services within the World Bank (WB) project to improve living conditions and income of displaced persons in Azerbaijan, the Fund said today.
Consulting services are attracted to enhance the skills in credit unions.

Bids must be submitted to the Fund up to October 19, 2012 at the following address: 57D, Tbilisi Avenue, Baku.

Contacts:

Phone: (99412) 431-87-69
Fax: (99412) 431-82-11

Contact person: Deputy Director of the Fund A. Mikayilov.

The third WB project on improving the living conditions and income of IDPs in Azerbaijan was approved in 2011 and 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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