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Armenia

PPP Framework

Agencies

The Division of Public Investment Programs Management under the Ministry of Economy is responsible for developing PPP regulations

Laws and policies

PPP Procurement Benchmarking

Read more at the full report

PPP Projects in Infrastructure

Read more about the methodology and the data source
Project Name Sector Financial Closure Year Investment ($US Million)
Armenia Railway Concession Railways 2008 $575.00
Zvartnots International Airport Airports 2001 $294.00
Hrazdan TPP Fifth Block Electricity 2006 $200.00
Shirak Airport Concession Airports 2007 $10.00
Yerevan Water and Sewerage Lease Contract Water and sewerage 2005 $0.00
Armvodokanal Water and sewerage 2004 $0.00
Metsamor Nuclear Power Plant Electricity 2003 $0.00
Yerevan Water and Sewerage Management Contract Water and sewerage 2000 $0.00
Project Name Sector Financial Closure Year Investment ($US Million)
Armenia Railway Concession Railways 2008 $575.00
Shirak Airport Concession Airports 2007 $10.00
Hrazdan TPP Fifth Block Electricity 2006 $200.00
Yerevan Water and Sewerage Lease Contract Water and sewerage 2005 $0.00
Armvodokanal Water and sewerage 2004 $0.00
Metsamor Nuclear Power Plant Electricity 2003 $0.00
Zvartnots International Airport Airports 2001 $294.00
Yerevan Water and Sewerage Management Contract Water and sewerage 2000 $0.00
Project Name Sector Financial Closure Year Investment ($US Million)
Armenia Railway Concession Railways 2008 $575.00
Zvartnots International Airport Airports 2001 $294.00
Hrazdan TPP Fifth Block Electricity 2006 $200.00
Shirak Airport Concession Airports 2007 $10.00
Yerevan Water and Sewerage Lease Contract Water and sewerage 2005 $0.00
Armvodokanal Water and sewerage 2004 $0.00
Metsamor Nuclear Power Plant Electricity 2003 $0.00
Project Name Sector Financial Closure Year Investment ($US Million)
Armenia Railway Concession Railways 2008 $575.00
Shirak Airport Concession Airports 2007 $10.00
Hrazdan TPP Fifth Block Electricity 2006 $200.00
Yerevan Water and Sewerage Lease Contract Water and sewerage 2005 $0.00
Armvodokanal Water and sewerage 2004 $0.00
Metsamor Nuclear Power Plant Electricity 2003 $0.00
Zvartnots International Airport Airports 2001 $294.00

Infrastructure Indicators

Read more at World Bank Data

GCI Infrastructure Score

The Global Competitiveness Index (GCI)  is published in the Global Competitiveness Report and assesses the competitiveness landscape of 140 economies. The GCI Infrastructure Score is a component of the overall index and covers transport, electricity and telephony infrastructure. 

Read more at WEF

3.72/7

GCI Score as of 2015-2016
GCI Infrastructure Score 0 1 2 3 4 5 6 7

Resources

    • 2006
    • Gevorg Sargsyan, Ani Balabanyan, Denzel Hankinson
    • PPIAF

    Armenia Travels the Bumpy Road to All-Day Electricity Supply

    How Perseverance Pays off in Power Sector Reform

    Armenia’s power sector has suffered many setbacks: in the late 1980s an earthquake that took its major nuclear plant off-line, and in the early 1990s the collapse of the Soviet Union, economic blockade, and repeated sabotage of a new gas pipeline—all of which severely disrupted fuel supply. Technical and commercial problems further crippled operations. Armenians endured hard winters with barely two hours of electricity a day. The government set out to reform and privatized the sector, persevering through setbacks and learning from initial failure. Its persistence paid off: today the system runs efficiently and delivers power 24 hours a day.

    • 2007
    • Government of Armenia

    Concession Agreement on the Transfer of the Armenian Railway System to the “South-Caucasian Railway”

    The Agreement sets out how railway property may be assigned to the concession, and how specific properties, including land and other properties, can be assigned to the concessionaire for use but not with an ownership interest. The Concession allows for both infrastructure and train operation and for third party access including international traffic. The agreement also spells out how the government functions can be exercised (safety, oversight, financial accounting standards, etc) and describes the relationship of the various government agencies, including the Public Service Regulatory Commission and the Ministry of Transport and Communications, and other units of the government.

    • 2011
    • European Bank for Reconstruction and Development (EBRD)

    Assessment of the Quality of the PPP Legislation and of the Effectiveness of its Implementation in Armenia

    An indirect general policy framework for improving the legal environment and promoting PSP has been identified in Armenia (Poverty Reduction Strategic Paper). Armenia does not have a general concession Law. General laws do not refer to and regulate concessions (apart from the general reference in the Law on Foreign Investments providing that concessions are one of the forms of foreign investments). Two sector-specific laws regulate concessions, in the mining and water sectors. However, such laws do not contain clear definitions and need to be improved regarding the selection procedures (even though the general rule is that concessions are granted based on a tender/auction). In the water sector, the use of a model concession agreement is...

Date last reviewed: January 18, 2018

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