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MCA-ARMENIA ANNOUNCES BEGINNING OF CIVIC WORKS
YEREVAN, NOVEMBER 9, ARMENPRESS: Millennium
Challenges Account (MCA)-Armenia announced today the
beginning of civil works on the Rural Road
Rehabilitation Project. An opening ceremony was held
in the village of Getap (Aragatsotn Marz) and attended
by prime minister Serzh Sarkisian and Millennium
Challenge Corporation Vice President Darius Mans.
The opening ceremony marks the beginning of
construction on a 24.5 kilometer section of the H-17
`Armavir-Isahakyan-Gyumri' road. Construction work is
being executed by `Dorozhnik' LLC, and scheduled to be
completed by December 15, 2008.
The $235.65 million MCA-Armenia Compact includes
$67.1 million to rehabilitate up to 943 kilometers of
rural roads, equaling more than a third of Armenia's
2,703 kilometer Lifeline Road Network.
Upon completion this project will ensure that every
rural community has road access to markets, services,
and the main Armenian road network. Under the Compact,
the Government of Armenia will be required to commit
additional resources for maintenance of the road
network.
The Compact, signed on March 27, 2006, with Entry
into Force on September 29, 2006, aims to reduce rural
poverty through a sustainable increase in the economic
performance of the agricultural sector.
Armenia plans to achieve this goal through a
five-year program of strategic investments in rural
roads, irrigation infrastructure and technical and
financial assistance to improve the supply of water
and to support farmers and agribusinesses. The program
will directly impact approximately 750,000 people, or
an estimated 75 percent of the rural population, and
is expected to reduce the rural poverty rate and boost
annual incomes.
The Compact also includes $146 million to increase
the productivity of approximately 250,000 farm
households (34% of which are headed by women) through
improved water supply, higher yields, higher-value
crops, and a more competitive agricultural sector.
YEREVAN, NOVEMBER 9, ARMENPRESS: Millennium
Challenges Account (MCA)-Armenia announced today the
beginning of civil works on the Rural Road
Rehabilitation Project. An opening ceremony was held
in the village of Getap (Aragatsotn Marz) and attended
by prime minister Serzh Sarkisian and Millennium
Challenge Corporation Vice President Darius Mans.
The opening ceremony marks the beginning of
construction on a 24.5 kilometer section of the H-17
`Armavir-Isahakyan-Gyumri' road. Construction work is
being executed by `Dorozhnik' LLC, and scheduled to be
completed by December 15, 2008.
The $235.65 million MCA-Armenia Compact includes
$67.1 million to rehabilitate up to 943 kilometers of
rural roads, equaling more than a third of Armenia's
2,703 kilometer Lifeline Road Network.
Upon completion this project will ensure that every
rural community has road access to markets, services,
and the main Armenian road network. Under the Compact,
the Government of Armenia will be required to commit
additional resources for maintenance of the road
network.
The Compact, signed on March 27, 2006, with Entry
into Force on September 29, 2006, aims to reduce rural
poverty through a sustainable increase in the economic
performance of the agricultural sector.
Armenia plans to achieve this goal through a
five-year program of strategic investments in rural
roads, irrigation infrastructure and technical and
financial assistance to improve the supply of water
and to support farmers and agribusinesses. The program
will directly impact approximately 750,000 people, or
an estimated 75 percent of the rural population, and
is expected to reduce the rural poverty rate and boost
annual incomes.
The Compact also includes $146 million to increase
the productivity of approximately 250,000 farm
households (34% of which are headed by women) through
improved water supply, higher yields, higher-value
crops, and a more competitive agricultural sector.