Wednesday, May 11 2016 17:11
Alexandr Avanesov

EBRD to provide 14.6 mln EUR to Armenia for improving streets of Gyumri

ArmInfo. European Bank for Reconstruction and Development will provide 14.6 mln EUR to Armenia for improving the streets of Gyumri city. Deputy Prime Minister, Minister for International Economic Integration and Reforms Vache Gabrielyan, who is attending EBRD 25th Annual Meeting in London signed the relevant agreement with the bank.

As the press-service of the ministry reports, within the program "Gyumri City Streets" (Tranche 1) additional 2.56 mln EUR will be given.

The loan funds will be used for rehabilitation of the streets and modernization of the street lighting system of Gyumri, the second largest city of Armenia.

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