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So Far German KfW Bank Has Provided ~@450 Million To Armenia

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  • So Far German KfW Bank Has Provided ~@450 Million To Armenia

    SO FAR GERMAN KFW BANK HAS PROVIDED ~@450 MILLION TO ARMENIA

    news.am
    July 11, 2012 | 16:02

    YEREVAN. - Armenia's Deputy PM and Territorial Administration Minister
    Armen Gevorgyan on Wednesday received the German Development Bank
    (KfW) delegation led by the Bank's Vice President Eva Witt.

    They discussed the ongoing KfW-assisted projects in Armenia, and noted
    that, throughout the cooperation with the Bank, a total of ~@450
    million were allocated for a variety of projects, and the Bank is
    consolidating its positions as one of Armenia's leading partners. The
    interlocutors also discussed the programs toward developing the
    infrastructures of Armenia's regions.

    Also, Armen Gevorgyan appreciated KfW's readiness to assist in
    reconstruction of the Kaps Reservoir.

    In addition, they reflected on the project for a comprehensive
    management of Vanadzor city's solid household waste.

    In her turn, Eva Witt expressed a satisfaction with the course of
    the programs being undertaken in Armenia, informed that KfW will
    have a new regional director soon, and expressed confidence that the
    interaction's high level will be maintained.

    Also, the parties reflected on the Armenian-German Intergovernmental
    Commission's fall session and underscored the projects that are
    planned for the coming years.



    From: Emil Lazarian | Ararat NewsPress
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