Wednesday, June 13 2018 11:32
Alexandr Avanesov

Asian Development Bank ready to increase financing volume of Armenian  private sector 

Asian Development Bank ready to increase financing volume of Armenian  private sector 

ArmInfo.The Armenian government is interested in the consistent development of relations  with the Asian Development Bank and the expansion of ADB's private sector financing. This was announced on June 13 by the delegation of the Bank headed by ADB President Takehiko Nakao, RA Prime Minister Nikol Pashinyan stated.

According to the press service of the government, during the meeting  the Prime Minister stressed the importance of active cooperation with  the Asian Bank for Development, with the assistance of which many  programs have been implemented in Armenia, including in the private  sector.

Takehiko Nakao, in turn, noted that the effective cooperation of the  Bank with Armenia has developed in a number of ways. He added that  ADB is ready to continue and expand assistance to the initiatives of  the Armenian government. Takehiko Nakao also spoke about the Bank's  readiness to increase the amount of private sector financing to the  Armenian sector.

The interlocutors stressed the importance of cooperation in such  areas as the development of the infrastructures, agriculture, energy,  information technologies, tourism, health, education, etc. spheres.

Nikol Pashinyan and Takhehiko Nakao also discussed the implementation  of the investment project for the construction of the North-South  motor transport corridor.