EcoLur
24 million Euros will be spent to construct a new landfill site next to Nubarashen Landfill Sire for Yerevan in the frames of the first stage of “Yereva Solid Waste”. The loan is co-financed by a €8 million credit line from the European Investment Bank (EIB) and a capital grant of €8 million from the European Union Neighborhood Investment Facility (NIF). In this regard, the Armenian Government approved the financial agreement “Yereva Solid Waste-Stage 1” signed between the Republic of Armenia and the European Investment Bank on 16 October 2015. The new landfill will meet international standards and operate as a commercially sustainable unit with modern solid-waste management systems, covering the collection and disposal of municipal solid waste. The facility, located in Nubarashen on the outskirts of Yerevan, will provide major environmental and social benefits for the 1.1 million residents of the Armenian capital.
March 03, 2016 at 18:03