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Armenia Water Reservoirs Phase I Project

Sector: Hydro • Location: Armenia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Exploratory

A sovereign loan of up to EUR 64 million (the "Loan") to the Republic of Armenia represented by the Ministry of Finance (the “Borrower”) for the benefit of the Water Committee of the Ministry of Territorial Administration and Infrastructure (“MTAI”), responsible for the management and safe use of state-owned water. The Loan is expected to be complemented by an investment grant of up to EUR 12 mill

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The project “Armenia Water Reservoirs Phase I Project” is an infrastructure initiative in the Hydro sector, located in Armenia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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exploratory

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Description

Description

A sovereign loan of up to EUR 64 million (the "Loan") to the Republic of Armenia represented by the Ministry of Finance (the “Borrower”) for the benefit of the Water Committee of the Ministry of Territorial Administration and Infrastructure (“MTAI”), responsible for the management and safe use of state-owned water. The Loan is expected to be complemented by an investment grant of up to EUR 12 million and will finance the construction of five water reservoirs in Artik, Astghadzor, Kassakh, Lichk and, Yelpin settlements in Armenia (the “Project”). The Project, expected to be the first phase of a larger nation-wide programme, aims to enhance water and food protection including climate resilience and contribute into improved access to irrigation for local population in areas where agribusiness is the primarily economic activity. Full ESIA documentation is available locally at Administrative buildings of: Areni community, Address: 15, blind alley 2, building 6, v. Areni, Vayots Dzor Marz (province) Republic of Armenia Tel: 00 374 281 6 00 01 Email: areni.vayotsdzor@mta.gov.am URL: https://arpaareni.amCommunity Head: Mr. Husik Sahakyan Artik community Address: 1 Azatutyan sq, t. Artik Shirak Marz (province), Republic of Armenia Tel: 00374 244 5 20 21 Email: artikmun@mail.ru URL: https://artik.am Community Head: Mr. Ananik Vskanyan Martuni community Address: 2 Shahumyan, t. Martuni 1401 Gegharkunik Marz (province), Republic of Armenia Tel: 00374 60743401 Email: info@martuni.am URL: https://martuni.am Community head: Mr. Hovhannes Hoveyan Megri community Address: 2 Zoravar Andanik, t. Meghri Syunik Marz (province), Republic of Armenia Tel: 00374 286 4 34 23 Email: citymeghri@gmail.com URL: https://meghri.am Community Head: Mr. Khachatur Andreasyan Ashtarak community Address: 7 Ashtaraketsu, t. Ashtarak Aragatsotn Marz (province), Republic of Armenia Tel: 00374 232 3 10 26 Email: ashtarakmunicipality@gmail.com URL: https://ashtarak.am Community Head: Mr. Tovmas Shahverdyan Khoy community Address: 30 Mashtots, v. Geghakert Armavir Marz (province), Republic of Armenia Tel: 00374 60 888 999 Email: khoy.community@gmail.com URL: https://khoy.am Community Head: Mr. Lyudvik Yayloyan Or affected communities And EBRD Yerevan Resident Office, Piazza Grande Business Centre, 2nd floor, rooms 95-97, 10 Vazgen Sargsyan Street, Yerevan 0010, Republic of Armenia. Tel: 00 374 10 590901 And (if available): Client website. https://www.scws.am/en Environmental or social enquiries Ms. Marine Vardanyan, ESHS Expert, WaterCommittee, Vardanants str. 13a, Yerevan 0010, Armenia Tel: +37410 540135 Contact e-mail: eshswatcom@gmail.com General enquiries Vardanants str. 13a, Yerevan 0010, Armenia Hotline: +37410 547283, +37410 540135 Contact e-mail: scws@scws.am

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