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United States Released Over $37 Million To Armenia As Part Of Mca Pr

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  • United States Released Over $37 Million To Armenia As Part Of Mca Pr

    UNITED STATES RELEASED OVER $37 MILLION TO ARMENIA AS PART OF MCA PROGRAM

    ARKA
    October13, 2009
    Yerevan

    YEREVAN, October 13, /ARKA/. U.S. ambassador to Armenia Marie
    Yovanovitch said today the government of the United States has released
    so far $36 million to Armenia within the frameworks of the Millennium
    Challenge Account program.

    Speaking at the opening of a two-day exhibition devoted to From Water
    to Market component of the program, she said the Millennium Challenges
    Corporation (MCC) will invest $180 million in Armenia in the next
    two years before MCA program is over. The exhibition is timed to the
    third anniversary of the program's component.

    The ambassador said last month the MCC decided to release $36
    million to Armenia to rehabilitate 17 pumping stations as part of the
    MCA-Armenia's Irrigation Infrastructure Project. These works represent
    the largest single contract under the Irrigation Infrastructure
    Project and play a significant role in helping to reduce rural
    poverty in Armenia by increasing the economic performance of its
    agricultural sector.

    Rehabilitation of these 17 pumping stations will provide reliable
    irrigation water, increased electricity efficiency and improved
    agricultural productivity to over 182,000 beneficiaries in 100
    communities throughout Ararat, Armavir, Aragatsotn, Gegharkunik,
    Tavush and Syunik marzes.

    Currently, over 31,000 hectares of arable land receive water from
    these pumping stations, which serve as the only sou rce of irrigation,
    especially for household plots.

    Additional works under the MCA-Armenia's Irrigation Infrastructure will
    involve the rehabilitation of six main irrigation canals, construction
    of four gravity schemes, upgrading of tertiary irrigation systems in
    over 70 communities and improvements to the Ararat valley drainage
    system.

    The Millennium Challenge Account (MCA), a multimillion-dollar scheme
    designed to reward economic and political reforms in the developing
    world, was started in 2006.

    Armenia was to receive $236.65 million in 2006-2011. Most of the
    MCA funds were to be spent on rebuilding and expanding the country's
    battered irrigation networks and refurbishing about 1,000 kilometres
    of rural roads.

    From: Emil Lazarian | Ararat NewsPress
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