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Yerevan Water Supply System Needs $700 Mln. To Be Upgraded

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  • Yerevan Water Supply System Needs $700 Mln. To Be Upgraded

    YEREVAN WATER SUPPLY SYSTEM NEEDS $700 MLN. TO BE UPGRADED

    PanARMENIAN.Net
    July 27, 2011

    PanARMENIAN.Net - Within the last 20 years, water supply and drainage
    system of Yerevan has been operated and no capital repair works were
    done for that period, according to Managing Director of Yerevan Jur
    CJSC for Eastern districts Karapet Ohanyan.

    "Modernization of the whole system is one of the most complex problems
    and $700 mln. is required to upgrade it, but neither the government
    of Armenia, nor the managing company have this amount," Ohanyan told
    a press conference.

    Yerevan Jur CJSC has invested $17,5 million and AMD 4,2 billion in
    renewal of worn-out pipes and pump stations for the last 5 years,
    said the Managing Director.

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