Thursday, December 8 2011 16:04

KfW ready to finance construction of Armenian sector of Armenia-Georgia electricity transmission line


Arminfo. The German KfW bank is ready to finance construction of Armenian sector of Armenia-Georgia electricity transmission line, representative of KfW office in Armenia, Zara Chatityan, told Arminfo correspondent.

For her part, chief coordinator of the projects of KfW office in Armenia, Bella Andriasyan, added that the size of the needed sum should be determined by the energy ministries of Armenia and Georgia. After that KfW will be ready to discuss the financial package and to grant credit.
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