Friday, April 21 2023 15:37
Alina Hovhannisyan

ADB attaches particular importance to strategy development for  implementation of new programs in Armenia`s water sector 

ADB attaches particular importance to strategy development for  implementation of new programs in Armenia`s water sector 

ArmInfo.Deputy Minister of Territorial Administration and Infrastructures of Armenia Vache  Terteryan received delegations from the Asian Development Bank (ADB) and the French Development Agency (AFD).

The key topic of the meeting was the challenges associated with  climate change, in particular, the development of irrigation systems  and drinking water supply systems. Particular attention was paid to  the opportunities for partners to participate in programs for the  construction of reservoirs.  Yasmin Siddiqi, ADB Director,  Environment, Natural Resources & Agriculture Division, Central and  West Asia Department noted that the Bank implements similar programs  in 10 countries of the world. In this regard, she attached importance  to studying the potential of Armenia and developing a strategy for  the implementation of new programs.

The meeting was also attended by the Deputy Head of the Water  Committee of Armenia Karen Daghbashyan , who presented the progress  of the construction of reservoirs in the country and the current  state of the existing 87 reservoirs.

As a result of the discussions, an agreement was reached to organize  visits to Georgia and France to study international experience in the  water sector.

ADB has been working with Armenia since 2005. As of 2022, the Bank  provided Armenia with 37 loans, grants, as well as technical  assistance in the amount of about $1.6 billion, which were directed  to the development of transport, financial, energy, water,  infrastructure development, etc.  Effective cooperation between the  Republic of Armenia and the AFD began in 2012. According to the data  published on the website of the Ministry of Finance of Armenia, as of  the beginning of 2022, the AFD portfolio in our country is 125.5  million euros.