Armenia and EIB eye funding for regional development
Armenia's Minister of Territorial Administration and Infrastructure David Khudatyan discussed the financing of various programs in the country during a meeting with a delegation from the European Investment Bank (EIB) headed by Matteo Rivellini.
The minister emphasized the importance of the prompt launch of the Armenia: Resilient Syunik program, which has a total cost of 50 million euros and aims to strengthen the resilience of the Syunik region through social and infrastructure development, News.Az reports, citing local media.
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The program includes three main components: improving healthcare services, expanding access to technical and vocational education, and developing water supply systems for communities and households.
The sides also discussed a number of issues related to EIB participation in the North–South transport corridor program, as well as the Yerevan Water Supply Improvement project.
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