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COMPREHENSIVE OVERHAUL OF ARMENIA'S WATER DISTRIBUTION NETWORKS MAY COST ABOUT $600 MILLION: DEPUTY PRIME MINISTER SAYS
/ARKA/
May 19, 2011
YEREVAN
A comprehensive overhaul of Armenia's water distribution networks
is estimated to cost about $600 million, deputy prime minister Armen
Gevorkian said today.
Speaking to journalists Gevorkian who is also territorial
administration minister, said the problem could be solved only though
attracting large scale investments and the greater part of the money
must be spent on replacement of battered pipes.
According to him, the government is considering its cooperation model
with water distribution operators, albeit the current model is quite
successful. He said some changes may be made to concessional contracts
to raise the efficiency of the system.
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.
There are four more companies managing water distribution networks
across the country.
/ARKA/
May 19, 2011
YEREVAN
A comprehensive overhaul of Armenia's water distribution networks
is estimated to cost about $600 million, deputy prime minister Armen
Gevorkian said today.
Speaking to journalists Gevorkian who is also territorial
administration minister, said the problem could be solved only though
attracting large scale investments and the greater part of the money
must be spent on replacement of battered pipes.
According to him, the government is considering its cooperation model
with water distribution operators, albeit the current model is quite
successful. He said some changes may be made to concessional contracts
to raise the efficiency of the system.
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.
There are four more companies managing water distribution networks
across the country.