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ARMENIA NEGOTIATING $15 MILLION LOAN WITH WORLD BANK
/ARKA/
May 19, 2011
YEREVAN
YEREVAN, May 19. /ARKA/. The Armenian government is negotiating a $15
million loan from World Bank which it wants to spend on improvement
of irrigation and drinking water distribution networks, a deputy
Armenian prime minister Armen Gevorkian said today.
Speaking to journalists, Armen Gevorkian, who is also territorial
administration minister, said the loan will be provided at low
interest rate.
Yerevan's water distribution network s run by Yerevan Joor (Yerevan
Water), a company run by French Generale des Eaux that won an
international tender announced by World Bank to take up a long-term
management of the Yerevan network in 2006. It pledged to upgrade the
obsolete network and ensure 24-hour water supplies to households. The
company manages also drinking and waste water removal systems in
Ararat, Aragatsotn and Kotayk provinces. It has 339,370 customers
and produces 370 million cubic meters of drinking water a year and
manages 2,120 lm long water pipelines.
There are four more companies managing water distribution networks
across the country.
From: A. Papazian
/ARKA/
May 19, 2011
YEREVAN
YEREVAN, May 19. /ARKA/. The Armenian government is negotiating a $15
million loan from World Bank which it wants to spend on improvement
of irrigation and drinking water distribution networks, a deputy
Armenian prime minister Armen Gevorkian said today.
Speaking to journalists, Armen Gevorkian, who is also territorial
administration minister, said the loan will be provided at low
interest rate.
Yerevan's water distribution network s run by Yerevan Joor (Yerevan
Water), a company run by French Generale des Eaux that won an
international tender announced by World Bank to take up a long-term
management of the Yerevan network in 2006. It pledged to upgrade the
obsolete network and ensure 24-hour water supplies to households. The
company manages also drinking and waste water removal systems in
Ararat, Aragatsotn and Kotayk provinces. It has 339,370 customers
and produces 370 million cubic meters of drinking water a year and
manages 2,120 lm long water pipelines.
There are four more companies managing water distribution networks
across the country.
From: A. Papazian