ArmInfo. Vache Terteryan, the Deputy Minister of Territorial Administration and Infrastructure of Armenia, discussed a number of issues regarding the Kaps reservoir construction during at a meeting with the delegation of KfW Bank.
This is noted in the TDI report. In this regard, Ashot Khachatryan, the Executive Director of the Territorial Development Fund of Armenia, spoke about the progress of the program, existing challenges and future plans. At the end of the meeting, the parties agreed to continue their discussions. According to the report, the construction is being funded through loans from KfW Bank and with co- financing from the Armenian government.
