Banking, Finance, Insurance and Securities (BFIS) Services Education and Training

Private Sector Development Tender

🏛️ FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT BMZ
📄 Tender ID: 503936527 📅 Published: 17 May 2024

📋 Tender Overview

PROJECT DETAILS
Project number:
2023.2132.1
Status:
running project
Responsible organizational unit:
3900 Germany, Europe, South Caucasus
Contact person:
Svenja Weyrauch svenja.weyrauch@giz.de
Partner countries:
Armenia
SUMMARY
Goals:
The potential of the transformation towards a future-oriented economy in Armenia is being exploited in selected sectors.

Client:
Federal Ministry for Economic Cooperation and Development

Project partners:
Ministry of Economy of Armenia

Financier: not available


ORDER VOLUME
Overall project:
(including all previous, current and subsequent project phases, if any)
6,100,000 euros
Current project:
6,100,000 euros
COMBINED FINANCING not available
PREVIOUS PROJECT not available
SUCCESSOR PROJECT not available

DURATION
Overall project:
(including all previous, current and subsequent project phases, if any)
02/07/2024 - 03/31/2027
Current project:
04/01/2024 - 03/31/2027
OTHER PARTIES INVOLVED not available

FURTHER INFORMATION
Project website
not available

DEVELOPMENT POLICY IDENTIFIERS
Gender equality
Significant secondary objective

Democratic and inclusive governance
Significant secondary objective

Inclusion and empowerment of people with disabilities
Significant secondary objective

Climate change, reduction of greenhouse gases
Significant secondary objective

CRS KEY
11330 Vocational training

EVALUATIONnnot available

PROJECT DESCRIPTION (DE)
Context

The Armenian economy faces several challenges that prevent it from transforming into a green and resilient economy. These include:
- the change in the Armenian economy from a planned, centrally controlled model to a liberal economic model,
- the high risk of poverty among young people, as more than a quarter of them are not in training, employment or further education,
- few women in management positions and male-dominated sectors,
- the lack of support for green and digital innovations as well as for small and medium-sized enterprises and start-ups,
- the large discrepancy between the supply and demand for qualifications,
- the emigration of qualified young people,
- the territorial disputes with Azerbaijan and
- the dependence on Russia as the most important market for Armenian exports and at the same time a lack of diversity in economic exports.

Goal
Armenia can better utilize its potential for a change towards a future-oriented economy in selected sectors.


Approach

The project:
- raises awareness of the transformation towards a future-oriented economy
- promotes green and digital skills in vocational training
- expands the range of future-oriented training and further education in order to better qualify trainees and workers, especially in a resource-saving economy and digital instruments
- adapts the innovation ecosystem to the needs of a future-oriented Armenian economy, taking into account female entrepreneurs and green or long-term business models.
The proj

🔍 Key Information

📄
Tender Reference No.
503936527
📅
Publication Date
17 May 2024
💰
Estimated Value
N/A
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
📅
Deadline
31 Mar 2027
📝
Notice Type
Projects
📍
Location
Germany
📑
Contract Duration
2 Years 10 Months 14 Days

📁 Documents & Downloads

No documents found

🏷️ CPV

No CPV found

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🕒 Submission deadline
136
days remaining · 31 Mar 2027
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🧭 Quick Facts

Authority FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT BMZ
Country Germany
State / UT N/A
Tender Type Project Information
Currency N/A
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