Wednesday, June 11 2025 13:52
Alexandr Avanesov

Construction of five reservoirs planned in Armenia - minister 

Construction of five reservoirs planned in Armenia - minister 

ArmInfo.Five small reservoirs are planned to be built in Armenia.  This was stated by the Minister  of Territorial Administration and Infrastructure of the Republic of Armenia David Khudatyan during the discussions in the country's parliament on the implementation of the 2024 state budget on June 11.

According to him, there are already design and estimate documentation  for the construction of five small reservoirs. The examination of two  of them has been completed, while the process is ongoing for the  remaining three. It is planned to launch a tender process for the  selection of contractors for the construction of these reservoirs  this year.

Khudatyan also said that the filling of the Vedi reservoir with water  is currently ongoing. As for the Kaps reservoir, a problem with the  contractor arose, which led to a deviation from the previously  established deadline of more than 1 year. The Minister emphasized  that negotiations are underway with the contractor on the  advisability of continuing cooperation.  

POST A COMMENT
Input digits     


News
Armenian government to allocate 3.37 billion drams for construction  of schools and kindergartensArmenian government to allocate 3.37 billion drams for construction  of schools and kindergartens
Armenian government to allocate 1.568 billion drams for 16 urgent  eventsArmenian government to allocate 1.568 billion drams for 16 urgent  events
 Professional education system`s development in Armenia is crucial  for  country`s economic growth - Minister Professional education system`s development in Armenia is crucial  for  country`s economic growth - Minister
AMIO Bank to be exempt from customs duties on import of equipment,  components and raw materials for Mel Metal companyAMIO Bank to be exempt from customs duties on import of equipment,  components and raw materials for Mel Metal company
Georgia assures that Armenian trucks would pass through regularly Georgia assures that Armenian trucks would pass through regularly 
Idram at Tech Week 2025Idram at Tech Week 2025
Ucom Subscribers Increasingly Use Internet While RoamingUcom Subscribers Increasingly Use Internet While Roaming
Ardshinbank: the Driving Force of Armenia`s EconomyArdshinbank: the Driving Force of Armenia`s Economy
Li Xinwei: Armenia has potential to increase its presence in the Chinese marketLi Xinwei: Armenia has potential to increase its presence in the Chinese market
Russian partners express concern over sharp increase in flower supplies from Armenia - PashinyanRussian partners express concern over sharp increase in flower supplies from Armenia - Pashinyan
Prime Minister: Railway construction  through Meghri  requires huge financial investmentsPrime Minister: Railway construction  through Meghri  requires huge financial investments
Armenia has already reached out to reputable companies about potential cooperation on ENA matter - PashinyanArmenia has already reached out to reputable companies about potential cooperation on ENA matter - Pashinyan
Infrastructure under management, not control - Pashinyan discusses  outsourcing model in the context of unblocking roadsInfrastructure under management, not control - Pashinyan discusses  outsourcing model in the context of unblocking roads
Pashinyan: State should take over management of Electric Networks of  Armenia CJSCPashinyan: State should take over management of Electric Networks of  Armenia CJSC
Cargo Exchange: In Armenia, demand for import cargo transportation  increased by 20%, while export demand decreased by 14%Cargo Exchange: In Armenia, demand for import cargo transportation  increased by 20%, while export demand decreased by 14%
NA opposition factions  appeal to  CC, challenging constitutionality  of  law on  nationalization of ENANA opposition factions  appeal to  CC, challenging constitutionality  of  law on  nationalization of ENA
Horizon Camp: With AraratBank`s Support - Towards Leadership and Financial LiteracyHorizon Camp: With AraratBank`s Support - Towards Leadership and Financial Literacy
Team launches powerful solar power plant in Gegharkunik with 16 million kWh annual production capacity Team launches powerful solar power plant in Gegharkunik with 16 million kWh annual production capacity
Armenia, Uruguay discuss opportunities for expanding economic cooperationArmenia, Uruguay discuss opportunities for expanding economic cooperation
Situation with Armenian cognacs  improved in Russia, but challenges  persistSituation with Armenian cognacs  improved in Russia, but challenges  persist
Flower crisis: Armenia, Russia discuss delivery conditions,   producers suffer lossesFlower crisis: Armenia, Russia discuss delivery conditions,   producers suffer losses
Digital platform for public procurement to be introduced in ArmeniaDigital platform for public procurement to be introduced in Armenia
Sofia to host meeting of Armenian-Bulgarian Commission on economic  and scientific-technical cooperationSofia to host meeting of Armenian-Bulgarian Commission on economic  and scientific-technical cooperation
Economist on flower producers` issues: The Armenian government is  caught up in geopolitical games, with repercussions  ultimately  impacting the country`s citizensEconomist on flower producers` issues: The Armenian government is  caught up in geopolitical games, with repercussions  ultimately  impacting the country`s citizens
Etihad Airways to launch Abu Dhabi-Yerevan flight Etihad Airways to launch Abu Dhabi-Yerevan flight 
Gazprom Armenia working at gas transportation system facilitiesGazprom Armenia working at gas transportation system facilities
143 trucks with liquified gas enter Armenia in four days - minister 143 trucks with liquified gas enter Armenia in four days - minister 
1,775 trucks with Armenian apricots enter Russia - minister 1,775 trucks with Armenian apricots enter Russia - minister 
Armenian Ardshinbank planning to acquire HSBC MaltaArmenian Ardshinbank planning to acquire HSBC Malta
Armenia recognizes the need for direct flights with the Netherlands - David Khudatyan
Minister of Economy: 99 trucks with liquefied gas enter ArmeniaMinister of Economy: 99 trucks with liquefied gas enter Armenia
Rosselkhoznadzor to negotiate with competent Armenian agency on Armenian flower supply issues Rosselkhoznadzor to negotiate with competent Armenian agency on Armenian flower supply issues
Armenia`s energy transformation rating remains unchanged for the past  9 years - Luys FoundationArmenia`s energy transformation rating remains unchanged for the past  9 years - Luys Foundation
In Armenian insurance market  loss ratio for OSAGO decreased to 73.3%  by July 2025In Armenian insurance market  loss ratio for OSAGO decreased to 73.3%  by July 2025
Yerevan Municipality records 88.5% budget performance in first half  of 2025 Yerevan Municipality records 88.5% budget performance in first half  of 2025 
Armenian NPP connected to country`s power grid ahead of schedule Armenian NPP connected to country`s power grid ahead of schedule 
In Armenian interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from July 7-11, 2025In Armenian interbank foreign exchange market, dollar transactions decreased while ruble transactions increased from July 7-11, 2025
Seven organizations from Armenia to resume flower supplies to RussiaSeven organizations from Armenia to resume flower supplies to Russia
14,757 applications submitted under bad loan program 14,757 applications submitted under bad loan program 
Idram and Alipay+ Facilitate Cross-Border QR Payments in Armenia, Connecting Local Merchants with Global Digital Wallet UsersIdram and Alipay+ Facilitate Cross-Border QR Payments in Armenia, Connecting Local Merchants with Global Digital Wallet Users
Solid waste management program should be implemented throughout  Armenia - Vardan Kostanyan Solid waste management program should be implemented throughout  Armenia - Vardan Kostanyan 
Rossotrudnichestvo and South Caucasus Railways sign memorandum of  cooperationRossotrudnichestvo and South Caucasus Railways sign memorandum of  cooperation
Ardshinbank Participated in Tech Week Vanadzor 2025Ardshinbank Participated in Tech Week Vanadzor 2025
Armenia, WIPO discussed ways to enhance collaborationArmenia, WIPO discussed ways to enhance collaboration
Gevorg Papoyan: Effective protection of intellectual property is  crucial for sustainable economic growthGevorg Papoyan: Effective protection of intellectual property is  crucial for sustainable economic growth
Daily regulation reservoirs in Hovnanadzor to serve 9 villagesDaily regulation reservoirs in Hovnanadzor to serve 9 villages
Armenia`s government to develop cooperation with jewelry industry Armenia`s government to develop cooperation with jewelry industry 
ADB to provide Armenia with $3mln for school reconstruction in  Voskepat village ADB to provide Armenia with $3mln for school reconstruction in  Voskepat village 
Armenia`s government to direct huge funds to information and  cybersecurity Armenia`s government to direct huge funds to information and  cybersecurity 
Armenia top ratify EAEU agreement on Permissible Weights, Axle Loads and Dimensions of VehiclesArmenia top ratify EAEU agreement on Permissible Weights, Axle Loads and Dimensions of Vehicles
EIB to provide Armenia with EUR 50mln for Armenia - Resilient Syunik programme EIB to provide Armenia with EUR 50mln for Armenia - Resilient Syunik programme 
"Business Process Optimization with AI" – a Course for the Senior Management of AraratBank
IBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development programIBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development program
Armenia`s government to direct 1.189bln to co-financing of local communities development programmes Armenia`s government to direct 1.189bln to co-financing of local communities development programmes 
ANC condemns nationalization of ENA, violation of property rights ANC condemns nationalization of ENA, violation of property rights 
EAEU countries to start testing transportation digitalization in first half of 2026EAEU countries to start testing transportation digitalization in first half of 2026
Central Bank: RA Law Central Bank: RA Law "On Crypto Assets" entered into force in Armenia on July 4, 2025
Gohar Barseghyan:  EEC consistently promotes the enhancement of industrial cooperationGohar Barseghyan:  EEC consistently promotes the enhancement of industrial cooperation
Armenia`s foreign trade sees sharp decline after neutralization of diamond and gold re-export factorArmenia`s foreign trade sees sharp decline after neutralization of diamond and gold re-export factor
Every year, Lori region loses $40 million due to untapped tourism  potentialEvery year, Lori region loses $40 million due to untapped tourism  potential
Read more
Exchange rates
16.07.2025
RUB4.90-0.01
USD383.96-0.16
EUR446.01-2.80
GBP514.74-2.13
CAD279.83-0.92
JPY25.82-0.18
CNY53.48-0.06
CHF479.05-3.57


Experts
EAEU has proved its efficiency over last 10 years - EEC minister EAEU has proved its efficiency over last 10 years - EEC minister 
Suren Parsyan calls the downwardly revised forecast of the World Bank  and IMF for Armenia`s GDP growth <optimistic>Suren Parsyan calls the downwardly revised forecast of the World Bank  and IMF for Armenia`s GDP growth
Universal Income Declaration: what happened has little in common with  what was intended - David AnanyanUniversal Income Declaration: what happened has little in common with  what was intended - David Ananyan
Read more

Commented
Armenian NA OKs ENA nationalization Armenian NA OKs ENA nationalization 
China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat 
The Merger between The Merger between "Ardshinbank" CJSC and "Ardshininvestbank" CJSC Has Been Completed
Ticket packets 1.2% of total number of transport tickets in Yerevan Ticket packets 1.2% of total number of transport tickets in Yerevan 
Armenia`s minister of labor meets with U.S. public figures at U.S.  presidential residence Armenia`s minister of labor meets with U.S. public figures at U.S.  presidential residence 

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2