Friday, November 27 2020 16:54
Alexandr Avanesov

Kapan community received equipment in the amount of 119 million AMD

Kapan community received equipment in the amount of 119 million AMD

ArmInfo. The Territorial Development Fund of the Ministry of Territorial Administration and Infrastructures of Armenia continues to contribute to strengthening  the potential of the republic's communities. Another beneficiary of  the "Social Investments and Local Development" program is the  enlarged community of Kapan, Syunik region.

As reported by the press service of the Ministry, over the past month  the community received agricultural machinery for 119 million 180  thousand drams. "In particular, Kapan received one combine harvester  worth 41 million drams, one grader worth 47 million 530 thousand  drams, one three-wheeled tractor worth 20 million 300 thousand drams,  one mechanical plow 1 million 200 thousand drams, one cultivator  worth 1.35 million drams, a tray for discs 2,650,000 AMD, a rower  worth 4,550,000 AMD and a sprayer worth 600,000 AMD, "the statement  says.

It should be noted that the local development social investment  program is implemented through loans received from the World Bank,  with 25% of each individual program co-financed by the communities  and the RA government. In March 2020, the World Bank's Board of  Executive Directors approved a EUR 17.9 million loan to Armenia for  additional financing of the Social Investments and Local Development  program. The program aims to help the Armenian government improve the  quality, accessibility and usability of inter-community  infrastructures and services. Infrastructure and services considered  to be public property will be financed in 55 communities of Armenia.  The program will enable the population of Armenian communities  through micro-programs to use the restored and modernized social  infrastructures in kindergartens, schools, water supply and drainage  systems, small irrigation systems, community centers, medical  institutions and other local infrastructures.

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