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Millennium Challenges Program to provide 118 Million USD to Armenia.

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  • Millennium Challenges Program to provide 118 Million USD to Armenia.

    MILLENNIUM CHALLENGES PROGRAM TO PROVIDE 118 MILLION USD TO ARMENIA FOR
    RECONSTRUCTION OF WATER SUPPLY SYSTEM

    YEREVAN, AUGUST 15, ARMENPRESS: "Millennium Challenges" program will
    provide 118 million USD for the reconstruction of water supply system
    in Armenia.

    Water supply specialist of the "Millennium Challenges" task group
    Tigran Kalantarian noted that the program includes reconstruction of
    water dams, main canals, gravity flowing systems etc. Underscoring
    the technical support, studying and training of the newly created
    companies of water users, Kalantarian noted that for the development
    of institutional system 5.3 million USD will be provided, another 8
    million will be provided for works on projecting and on the management
    of the program.

    At present the US specialists are assessing Armenia's suggestion. The
    task group and US delegates are studying the opportunities for
    the implementation of the program from the economic, financial and
    surrounding environment viewpoints to assess how the program will
    promote the poverty reduction in village areas. The assessment phase
    will be finished in early fall. The agreement is expected to be formed
    and signed by the end of the year.
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