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