Economy

Armenia's Minister of Territorial Administration meets EIB delegation

1 minute read

Armenia's Minister of Territorial Administration meets EIB delegation

Minister of Territorial Administration and Infrastructures Davit Khudatyan has received a delegation of the European Investment Bank (EIB), led by Matteo Rivellini, Head of the EIB Division.

During the meeting, the parties discussed the progress of EIB-implemented programs in Armenia, as well as opportunities for the Bank’s involvement in new initiatives. Particular reference was made to the “Yerevan Water Supply Improvement” project.

Minister Khudatyan emphasized the importance of the rapid launch of the “Armenia: Resilient Syunik” program. With a total value of €50 million, the program aims to enhance the resilience of the Syunik region through social and infrastructure development.

The program includes three main components: improvement of health services, expansion of access to technical and vocational education, and development of water supply systems for communities and households.

A number of issues related to work on the EIB-financed sections of the North-South project were also discussed.

AREMNPRESS

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