Official launch of the EU-backed “Armenia BRIDGE” project held in Yerevan
The official launch event of Armenia BRIDGE (Business Regulation for Investment, Digitalisation, Growth, and Entrepreneurship) project in Yerevan on November 4, 2026, brought together key stakeholders from both the public and private sectors to mark the formal rollout of the initiative. Reflecting on the milestone, the EU Ambassador highlighted the collaborative spirit of the gathering, emphasising how the programme bridges government officials and the business community to drive critical regulatory reforms and investment.
The project official launch underscored joint commitments to fostering a more transparent, competitive, and digitally advanced business environment in Armenia. High-level presence – such as that of the RA Minister of Finance, Vahe Hovhannisyan – further demonstrated strong domestic ownership and backing for the initiative’s structural goals. Ultimately, the launch event served as a collaborative springboard for reinforcing public-private dialogue under the banner of mutual partnership and economic resilience.
The Armenia BRIDGE project is a key EU-backed project implemented jointly by the World Bank Group and the International Finance Corporation to strengthen Armenia’s business climate by improving the overall legal framework and regulatory delivery for market entry, operation, and exit. Running from November 2025 through May 2029 with a total budget of €2.9 million, the project focuses heavily on institutional capacity and digital public services. The project also works to establish a dynamic, fair, and pro-competitive market through a new National Competition Policy. Ultimately, these combined efforts are designed to boost investor confidence and drive long-term job creation and economic growth across Armenia.
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