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Around €75 million may be attracted under Armenian-French water resources management agreement

19.10.2018, 14:09
The Armenian environment ministry’s water committee signed Thursday an agreement with Artois Picardie Water Agency to receive technical support for managing water resources.

Around €75 million may be attracted under Armenian-French water resources management agreement
YEREVAN, October 19. /ARKA/. The Armenian environment ministry’s water committee signed Thursday an agreement with Artois Picardie Water Agency to receive technical support for managing water resources. 

The aim of the agreement is to create mechanisms for strengthening institutional technical cooperation in water resources management and an effective use of technical means. 

“We are happy to sign the agreement, taking into account the experience of France in water resources management,” said Armenian Acting Nature Protection Minister Erik Grigoryan.

French Ambassador to Armenia Jonathan Lacote, on his side, said that the agreement gives room for more expanded cooperation, not only with Veolia, a French company supplying water in Yerevan, but also with another company - Artois Picardie. 

He said that the agreement lays groundwork for joint management and monitoring of environmental norms observation in Ararat and Armavir provinces. 

In his words, the document may serve as basis for investment of about €75 million in effective use of water resources in house holding and farming.  

The Armenian-French agreement was signed as part of the European Union Water Initiative plus for Eastern Partnership countries (EUWI+).  

Veolia Jur, a subsidiary of France’s Veolia Generale des Eaux, is the sole water and sewerage operator in Yerevan and some provinces. -0---