YEREVAN, DECEMBER 15, ARMENPRESS. The “Veolia Water” company will make 37.5 billion AMD investment in the upcoming 15 years, Chairman of State Water Economy Committee of the Ministry of Energy Infrastructures and Natural Resources Arsen Harutyunyan told a press conference in “Armenpress”.

He said these funds will be spent on rehabilitation of drinking water network.

“Tariff has set at 180 AMD for 1 cubic meter. The existing five companies suspend their licenses as of December 31, and starting from January 1, 2017, all functions will be carried out by “Veolia Water” company”, Arsen Harutyunyan said.

In response to a question whether one water company will contribute to raising the water quality in the Republic, Harutyunyan said Armenia’s drinking water is one of the best in the world.

“We have certain provinces facing water problem, for instance, Armavir province. People in Armavir pay 202 AMD for 1 cubic meter of drinking water, but now they are going to pay 180 AMD for 1 cubic meter. The construction of another pipeline is being discussed with the new operator. As a result, people in Armavir will be provided with better quality water”, he said, adding that the state is going to make investments.

“When I say the state is going to make investments, I mean that the water network will be restored in those communities facing water problem and will be given to the new operator. The second option of solving the problem is being discussed as well, which is to bring new operators to those communities”, Arsen Harutyunyan said.