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- Rural Assets Creation Project (RACP)
Rural Assets Creation Project (RACP)
Armenia
Borrower | Armenia |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Agriculture |
Approved | 16.03.2011 |
Signed | 08.06.2011 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | MOA |
Co-financiers | Benef., PFI, IFAD, IFAD (Grant), Government |
OPEC Fund Contribution (US$m) | 20.00 |
Total Project Cost (US$m) | 59.85 |
To help finance the construction or rehabilitation of public utilities as part of a wider-scale project aimed at improving incomes and raising living standards among poor, small-scale farmers in Armenia.