Armenia secures €24 mln loan to build garbage dump near YerevanMarch 3, 2016 - 18:30 AMT PanARMENIAN.Net - The European Bank for Reconstruction and Development (EBRD) is providing an €8 million loan to Armenia for the construction of a Yerevan-based solid waste landfill that complies with EU regulations, the Deputy Finance Minister said Thursday, March 3, according to ARKA. As Pavel Safaryan noted, the loan is co-financed by an €8 million credit line from the European Investment Bank (EIB) and a capital grant of €8 million from the European Union Neighborhood Investment Facility (NIF). The official said the loans will be provided on standard terms and “are quite reasonable from a financial point of view.” He said the new landfill will meet international standards and operate as a commercially sustainable unit with modern solid-waste management systems. The facility, located in the outskirts of Yerevan in Nubarashen, will provide major environmental and social benefits for the 1.1 million residents of Armenia’s capital. It is the second landfill project in Armenia, following the Kotayk landfill signed in 2014. The project confirms the EBRD’s commitment to supporting government plans for the modernization and upgrading of Armenia’s waste management system to European standards. Top stories The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Defense Minister Suren Papikyan has visited the southern Armenian province of Syunik, the Defense Ministry reported on March 18. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |