€14.8 million solid waste management program supported by EBRD launched in Armenia

YEREVAN, July 8. /ARKA/. A solid waste management program designed for Armenian regions of Kotayk and Gegharkunik has been launched in the community of Hrazdan, the administrative center of Kotayk.

According to the government press service, the €14.8 million program was implemented in cooperation between the Armenian government and the European Bank for Reconstruction and Development (EBRD).

As part of the program, a new sanitary landfill was built in the community of Hrazdan and waste transfer stations in the settlements of Martuni and Akunk.

At the same time, in order to implement a comprehensive waste collection system in accordance with EU standards, waste collection schemes were developed for all settlements in the two regions and most effective waste collection routes were drawn up. The necessary machinery and equipment were acquired.

The communities of the two regions have established and registered the LLC “Solid Waste Management of Kotayk and Gegharkunik Regions” to provide waste collection services and operate landfills and transfer stations.

About the EBRD

The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia. Among the bank's main priorities in Armenia are increasing the competitiveness of companies and supporting financial sector intermediation through risk-sharing products.

Since it started working in Armenia, the EBRD has invested €2.4 billion in 220 programs in areas like energy, infrastructure, telecommunications, and finance.-0-