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Board Of Millennium Challenges - Armenia Foundation Discuss Current

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  • Board Of Millennium Challenges - Armenia Foundation Discuss Current

    BOARD OF MILLENNIUM CHALLENGES - ARMENIA FOUNDATION DISCUSS CURRENT PROGRAMS

    ARKA
    March 28, 2008

    YEREVAN, March 28. /ARKA/. At its sitting today chaired by RA Prime Minister
    Serge Sargsyan, the Board of the Millennium Challenges - Armenia Foundation
    discussed and approved the results of a tender for road renovation as part
    of the rural road renovation component of the program funded by the
    Corporation.

    The Board also discussed proposals for a tender for consultations on the
    strengthening the potential of organizations in charge of the irrigation
    sector.

    Ara Hovsepyan, CEO Millennium Challenges - Armenia Foundation, informed the
    Board members of the planned consultations of the renovation of the drainage
    system in the Ararat valley and supervision of the project. The
    consultations are to be provided as part of the program's irrigated
    agriculture component.

    With this end in view, the Foundation plans to apply to experienced
    consulting companies.

    The US Millennium Challenges Corporation launched its program in Armenia on
    September 29, 2006.

    Under a compact signed on March 27, 2006, Armenia is to receive $235.65mln
    during five years. In 2007, Armenia received $11mln under the program.
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