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Lifeline Roads To Be Renovated

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  • Lifeline Roads To Be Renovated

    LIFELINE ROADS TO BE RENOVATED

    Panorama.am
    21:30 15/08/2007

    "As part of the five-year program of Millennium Challenge, a strategic
    investment of finances and technology will be given to renovate
    Armenia's rural irrigation systems and village roads, to assist in
    the advancement of the economy and agro business in rural areas." This
    was announced today at a press conference by Ara Hovsepyan, director
    of the Armenia Fund office.

    In his words, the program will ensure the village population by
    75%. "This program will lower the amount of poverty in the villages,
    while increasing yearly incomes."

    Hovsepyan points out that 67 million dollars is foreseen to renovate
    943 kilometers of roads, of which one third are considered as lifelines
    for the rural communities. He stressed that this would give every
    village community a road to the marketplace, also noting that the
    Armenian government is bound by the program to provide funds for
    future upkeep of the roads.

    Hovsepyan also informed that a separate fund of 146 million dollars is
    planned to assist in the improvement of irrigation systems, increased
    production, new technologies, and improve the competition field for
    250,000 farm families.
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