» Glorious victory of Azerbaijan Rural Investment Project


Glorious victory of Azerbaijan Rural Investment Project

19-04-2010, 10:34, Saw: 377

The Project Management Unit of Azerbaijan Rural Investment Project being implemented by the State Agency on Agricultural Credits under the Ministry of Agriculture of Azerbaijan Republic with funding from the Government of Azerbaijan and the World Bank has recently received a congratulation letter from Mr. Satoshi Ishihara, the World Bank Task Team Leader for AzRIP. He informed that AzRIP was included in the list of nominates from among hundred more of projects/ studies conducted in the Easter Europe and Central Asia region and won the "Improving Lives of People" competition this year. In his letter, Mr. Satoshi congratulated the project management and team and emphasized that AzRIP is highly recognized in the Bank as the great success. It was mentioned in the letter that AzRIP was included in the list of 47 well conceived nominations from among hundred more of projects implemented in the Easter Europe and Central Asia region and became one of the twelve winners. The aim of the competition this year was to have a range of lending products and Analytic Advisory Activities represented among the winners, and to select nominations that demonstrated strong results concordant with their development objectives, good quality indicators or other measures to demonstrate results, and significant lessons learned. While innovation was a strong consideration as well, the competition targeted to reward more traditional programs that exemplified best practices. Within these broad parameters, the decision on the selection of winners was relied on the experience and expertise of the team of eight judges. The twelve winners have contributed inter alia to sector reforms, informed policy dialogues and strengthened infrastructure. Most importantly for this competition, they have demonstrated real results, including job growth, establishment of small businesses and improved enterprise access to financing, improved health care and health protection, and rehabilitated water and irrigation systems that have increased crop yields.

AzRIP management staff will also attend this year's Improving the Lives of People in ECA event, which will take place on June 3 and will include a program of learning, which country office colleagues will be able to view via webcast, as well as an awards ceremony and reception in the World Bank Headquarters in Washington. It will be made possible to view videos highlighting the results of each winner in the Headquarter lobby starting a week before the event, as well as during the evening reception. This year's one-day event will be followed up with video conference and virtual events.

Selection of Azerbaijan Rural Investment Project as the winner of this competition organized by the World Bank is a pride and victory of Azerbaijan Republic and the nation. All members of AzRIP family feel very happy and proud of this victory and make efforts for the continuation of achievements.

Congratulations to Azerbaijan Rural Investment Project for this glorious victory!

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