Armenia Territorial Development Fund (ATDF)
Armenian Territorial Development Fund (ATDF) was established on the basis of restructuring of the Armenian Social Investment Fund (ASIF) to fulfill the requirements of the 2014-2025 Strategic Program on Prospective Development of the Republic of Armenia.
Since 1996 ASIF/ATDF has carried out 908 community infrastructure rehabilitation projects. The results of ASIF operation are numerous and have a wide coverage. New and renovated schools, community centers, irrigation and potable water systems, health centers, other social and infrastructure objects were constructed in all marzes of the country, including the disaster zone and border areas.
The Fund contributed largely in establishment and development of community based institutions and capacity building in places. Majority of communities’ leaders benefited of the training courses on financial management, budgeting, taxation and property management financed by the Fund. The courses were designed to provide both theoretical knowledge and practical skills to be employed by the local self-government bodies’ representatives in their daily activities.
During 20 years of its operation the Fund:
The results mentioned above served as a soling foundation for further, continuous operation of the Fund in line with the new strategic objectives on the country.
By the Government Decree No. 1529-N, dated December 25, 2014, the ASIF was reorganized into the Armenian Territorial Development Fund. The Government of Armenia put new challenges on the ATDF agenda. They correspond with the Government’s strategy on rehabilitation of the economic and social infrastructure in the regions and the country’s equal territorial development concept.
In light of the most recent developments in the area of territorial administration reform, the ATDF portfolio includes the following projects: