An EU grant for environment | EUNewsletter

An EU grant for environment

29 December 2014
1

On 19 December a loan and grant agreement was signed between the Ministry of Finance and European Bank for Reconstruction and Development (EBRD) at the premises of Armenian Ministry of Finance. In accordance with the agreement the EBRD will provide a €3.5 million loan to the Armenian government within the framework of “Solid waste management programme in Kotayk Marz”. Additionally, the Minister of Finance Gagik Khachatryan and Head of the EBRD Mark Davis signed a €3.5 million grant agreement, which will be provided through the EU Neighbourhood Investment Instrument.

Within the scope of the programme another €1.07 million will be contributed as technical support. This programme aims at improving solid waste management in Kotayk marz and city of Sevan. During the implementation of the progarmme a new rubbish dump will be built and necessary equipment will be purchased that includes garbage collecting trucks, garbage containers. As a part of technical assistance a number of environmental and social supplementary researches, purchase assistance, etc.

An EU grant for environment

On 19 December a loan and grant agreement was signed between the Ministry of Finance and European Bank for Reconstruction and Development (EBRD) at the premises of Armenian Ministry of Finance. In accordance with the agreement the EBRD will provide a €3.5 million loan to the Armenian government within the framework of “Solid waste management programme in Kotayk Marz”. Additionally, the Minister of Finance Gagik Khachatryan and Head of the EBRD Mark Davis signed a €3.5 million grant agreement, which will be provided through the EU Neighbourhood Investment Instrument. Within the scope of the programme another €1.07 million will be contributed as technical support. This programme aims at improving solid waste management in Kotayk marz and city of Sevan. During the implementation of the progarmme a new rubbish dump will be built and necessary equipment will be purchased that includes garbage collecting trucks, garbage containers. As a part of technical assistance a number of environmental and social supplementary researches, purchase assistance, etc.