Monday, December 27 2021 14:50
Naira Badalian

Armenia prepares strategy for social housing construction

Armenia prepares strategy for social housing construction

ArmInfo.Armenia hopes to resolve the housing shortage by developing a strategy for social housing construction and housing provision for the population. "We  have never had such a strategy before," said RA Minister of Labor and  Social Affairs Narek Mkrtchyan Narek Mkrtchyan on December 27 at the  final press conference.

According to the minister, work on the strategy has been underway for  several months. "France is very interested in this area, and relevant  discussions have already taken place with the French Development  Agency (Agence Francaise de Developpement -AFD)). Amundi-ACBA Asset  Management, one of the two managers of funded pension funds in  Armenia, is also interested in the strategy," After the document is  ready, Armenia will be able to turn with concrete proposals to  international partners.

The head of the Ministry of Labor and Social Development expressed  the hope that the document and the steps ensuing from it would make  it possible to implement a new housing construction program. "If we  are able to ector," the minister said.  According to him, the  beneficiaries of the program can be socially disadvantaged residents  of the country, persons with disabilities, young families, etc.  Mkrtchyan assured that when developing a strategy, they are guided  not only by the best international experience, but also studied those  examples that turned out to be a failure.

The document, according to the minister, will be ready by the end of  spring 2022.