Friday, November 11 2016 16:35
Naira Badalian

Minister of Territorial Administration and Development discussed joint programs with Head of ADB office in Armenia

Minister of Territorial Administration and Development discussed joint programs with Head of ADB office in Armenia

ArmInfo. Minister of Territorial Administration and Development Davit Lokyan discussed joint programs with Head of Asian Development Bank office in Armenia Shane Rosenthal on November 11, the press-service of the ministry informs.

During the meeting the sides discussed process of implementation of joint programs, particularly issues related to "Sustainable Urban Development Program", "Solid Waste Management Improvement Program" and "School Seismic Safety Improvement Program".

Shane Rosenthal stressed that within "School Seismic Safety Improvement Program" serious progress has been registered in project work of 8 schools. He expressed hope that design work in other schools will also be held successfully. The importance of "Sustainable Urban Development Program" was emphasized in the context of forming additional values in the country's communities and creating profitable production lines. The program envisages development of four towns: Gyumri, Vanadzor, Dilijan and Jermuk. Within "Solid Waste Management Improvement Program" Rosenthal confirmed readiness to implement the program in Shirak region, as well as provide technical assistance to small and medium communities in Syunik. The Minister thanked ADB for the provided assistance expressing hope that it will be continuous and uninterrupted.

To note, under ADB's country partnership strategy, 2014-2018, Armenia will receive about $500 million financial assistance to develop infrastructures, energy and social services that will ensure flexible, comprehensive and sustainable development of the country.  In the transport sector, ADB will continue to support improving the north-south road corridor, and promoting transport links between and within secondary towns, especially those with the highest poverty rates.  To promote regional cooperation and integration, ADB will coordinate with Georgia to help improve roads linking Armenia and Georgia.  ADB will support urban development in towns with the highest poverty rates by helping local governments prepare integrated urban development plans, and financing modernization of infrastructures, including in water supply, urban roads, and solid waste management.  Armenia's aging electricity infrastructure and heavy dependence on imported fuels affect its energy security. ADB will help addressing this issue by supporting the development of renewable energy resources and helping to rehabilitate and upgrade energy infrastructure.

Armenia joined ADB in 2005. ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.


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