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Wb Regional Director For South Caucasus Familiarizes Himself With Im

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  • Wb Regional Director For South Caucasus Familiarizes Himself With Im

    WB REGIONAL DIRECTOR FOR SOUTH CAUCASUS FAMILIARIZES HIMSELF WITH IMPLEMENTATION PROCESS OF WB-FUNDED PROGRAMS IN ARAGATSOTN MARZ

    NOYAN TAPAN
    JULY 9, 2009
    ASHTARAK

    ASHTARAK, JULY 9, NOYAN TAPAN. The World Bank Regional Director for
    the South Caucasus Asad Alam, who is on a working visit to Yerevan,
    on July 8 visited the villages of Aghdzk, Vardenut, Ara and Mulk
    in Aragatsotn marz to familiarize himself with the implementation
    process of WB-funded programs there. He was accompanied by the WB
    Yerevan Office Head Aristomene Varudakis.

    The work on installation of a gas network is being done in Aghdzk under
    the WB program on development of rural enterprises and small-scale
    commercial agriculture. The program's cost is 2 million USD, 53 million
    drams of which has been allocated for the gas network installation. 15%
    of the sum necessary for the indicated work has been paid by the
    local residents.

    The WB representatives also become acquainted with the process of
    repairs of 3,5-km road connecting Vardenut and Ara villages. The road
    was previously in poor condition and almost impassable in the winter,
    which resulted in problems for the local population.

    At the end of his visit, A. Alam went to Mulk village where a pumping
    unit for drinking water is being built thanks to the additional
    financiang of 8 million USD allocated by the WB to the Social
    Investment Fund of Armenia.

    Attaching importance to the implementation of the indicated programs,
    A. Alam said that they will have a positive impact on the communities
    in terms of raising their standard of living. After the installation
    of a gas network in Aghdzk village, about 600 families, the school and
    the kindergarten will have heating, as a result of which fewer trees
    will be cut down. The repairs of rural roads will result in higher
    competitiveness and prosperity of the community as the village will
    have a link to a republican highway and the transportation costs of
    agricultural products will decline.
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