  Yerevan water supply system needs $700 mln. to be upgraded July 27, 2011 - 12:26 AMT PanARMENIAN.Net - Within the last 20 years, water supply and drainage system of Yerevan has been operated and no capital repair works were done for that period, according to Managing Director of Yerevan Jur CJSC for Eastern districts Karapet Ohanyan. “Modernization of the whole system is one of the most complex problems and $700 mln. is required to upgrade it, but neither the government of Armenia, nor the managing company have this amount,” Ohanyan told a press conference. Yerevan Jur CJSC has invested $17,5 million and AMD 4,2 billion in renewal of worn-out pipes and pump stations for the last 5 years, said the Managing Director.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva-MTS: Tech solutions to modernize infrastructure of border village  The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents.“By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents.The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |
