IFC helps RA government reduce procedures for construction permitMarch 28, 2011 - 19:16 AMT PanARMENIAN.Net - IFC, a member of the World Bank Group, helped the Armenian government reduce the number of procedures required for companies to obtain a construction permit. The streamlined application process will save time and costs for construction companies. “The improved procedures will help make the process for getting construction permits more transparent and less costly, and also help boost development of the construction industry in Armenia, which will support job growth,” said Thomas Lubeck, IFC Regional Head for the Caucasus. With advice from IFC, the Armenian government amended the regulations governing the issuance of construction permits. The new amendments are expected to reduce the number of steps required from 20 to 7, and to cut the time required to obtain a permit from an average of 137 days to 27 days. A recent IFC report, Dealing with Construction Permits in the Republic of Armenia, provided recommendations on how to streamline the construction permit process. IFC presented the report to the Armenian government in December 2010. Based on IFC recommendations, the government strengthened its risk-based approach to providing construction permits, categorized buildings by risk, streamlined procedures for providing construction permits for low risk buildings, and defined clear guidelines for the rejection of construction permit applications. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |