Veolia water and wastewater services affermage contract

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This affermage contract envisages the management of drinking water production and distribution; wastewater treatment facilities; and developing and improving the yield of the country’s drinking water network. Drinking water production, distribution and invoicing will amount to almost 174 million cubic meters a year by the end of the contract. Veolia Environnement won the contract following an international tender call. Veolia beat Armenian rival Saur, Acea of Italy and a German-Russian consortium to win the contract tender. The affermage contract is awarded for a period of 15 years. It is worth 800 million euros. International financial institutions, such as the European Bank for Reconstruction and Development (EBRD), KFW Development Bank and the European Investment Bank (EIB) will contribute to this major project in Armenia by financing the $200 million investment required over the coming four years. http://www.veolia.com/en/water-wastewater-management-armenia http://www.veolia.com/en/veolia-group/media/press-releases/veolia-wins-affermage-contract-all-water-and-wastewater-services-armenia