Friday, February 10 2017 15:13
Naira Badalian

Investments in Armenia`s environmental sector to total 185 mln USD

Investments in Armenia`s environmental sector to total 185 mln USD

ArmInfo. At present, the ideas  in Armenia's environmental sector total 420 mln USD, including 185  mln USD in specific investment projects, Armenian Nature Protection  Minister Artsvik Minasyan said at today's press conference.   

He said that in 2017 as many as 25 investment programs will be  implemented to settle the environmental problems. In addition, the  Ministry is planning to create two national parks in Jermuk and Tatev  at the expense of grant funds. 130 thsd USD grant funds will be  raised to effectively use the subsoil water of Ararat Valley. 

To promote eco-tourism in Armenia, a bridge and a cableway will be  built in Garni Gorge. By preliminary estimates, the project will  allow generating 5 mln EUR funds.   

Minasyan said that the Ministry will keep a close watch on the waste  disposal situation and will implement a relevant project.