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WORLD BANK TO ISSUE ARMENIA $18 MILLION FOR IRRIGATION
Vestnik Kavkaza
Oct 26 2011
The World Bank has passed another loan worth $18 million for Armenia
to improve irrigation in the country, ITAR-TASS reports.
The project is to improve water economy and open new workplaces. It
will restore and reconstruct the irrigation system with an area of
6,500 hectares. Water losses will drop by 44.2 million cubic meters,
or $1.4 million. Realization of the initiative will benefit over 88,000
farmers and increase harvests, WB Director for South Caucasus, Asad
Alam, underlined. The loan is granted for 25 years, starting in 2011.
From: Baghdasarian
Vestnik Kavkaza
Oct 26 2011
The World Bank has passed another loan worth $18 million for Armenia
to improve irrigation in the country, ITAR-TASS reports.
The project is to improve water economy and open new workplaces. It
will restore and reconstruct the irrigation system with an area of
6,500 hectares. Water losses will drop by 44.2 million cubic meters,
or $1.4 million. Realization of the initiative will benefit over 88,000
farmers and increase harvests, WB Director for South Caucasus, Asad
Alam, underlined. The loan is granted for 25 years, starting in 2011.
From: Baghdasarian