EBRD confirms readiness to implement programs in a number of areas in  Armenia

ArmInfo. The European Bank  for Reconstruction and Development (EBRD) has confirmed its  commitment to implementing development programs in the fields of  energy, public infrastructures, water systems, waste management and a  number of other areas. This was stated by EBRD Vice President Jurgen  Rigterink during a meeting with RA Minister of Territorial  Administration and Infrastructure Suren Papikyan.

According to the press service of the Ministry, Jurgen Rigterink also  shared with the minister his impressions of the fruitful changes  recorded in the country after the velvet revolution. "We are  impressed by the continuous credibility of the Armenian government,  the significant changes in the lives of citizens and, in general, the  development of the country lately," he said.

In turn, Suren Papikyan, emphasizing the high level of cooperation  with EBRD in various fields, noted that successful joint programs  will now gain new scope and expand their geography in the context of  structural changes and expanding the areas of activity of the  ministry. "We reaffirm our readiness at the current high level of  relations to seek and implement new facets of interaction," the  minister said.

At the same time, during the discussions, the head of the department  also outlined promising projects for possible cooperation with the  Bank in the direction of effective land management, development of  organic agriculture, construction of reservoirs, and the formation of  a coordinated transport network.

To recall, from the beginning of its activity in Armenia, EBRD  allocated ? 1.36 billion to the country's economy to implement 178  programs in the energy, infrastructure, financial and corporate  sectors. 90% of the Bank's investments are in the private sector.