New Landfill Site to Reduce Its Unfavourable Impact on Environment

New Landfill Site to  Reduce Its Unfavourable Impact on Environment

EcoLur

Minister of finance Gagik Khachatryan and EBRD Head of Office in Yerevan Mark Davis, signed on December 11 the Yerevan solid waste project loan agreement under which EBRD will extend to Armenia €8m loan to finance the project. The project aims to improve Yerevan’s solid household waste management system. Particularly, it is planned to build a new landfill site, to purchase specialized vehicles and equipment for the latter and to isolate area on the territory of the existing landfill site.

The project costs €24m, from which €8m loan will come from EBRD, €8m loan from EIB, and it is planned to attract another €8m grant via EU's Neighbourhood Investment Facility.

December 14, 2015 at 15:58