Armenia submits bid for 1 million 772 thousand USD to<br /> Millennium Challenge Corporation for first quarter of 2010 <br />


Armenia submits bid for 1 million 772 thousand USD to
Millennium Challenge Corporation for first quarter of 2010

  • 18-12-2009 21:30:00   | Armenia  |  Economy
YEREVAN, DECEMBER 18, NOYAN TAPAN - ARMENIANS TODAY. A regilar meeting of Governing Council of the Millennium Challenge Account-Armenia (MCA-Armenia) state non-commercial organization took place on December 18. The meeting was conducted by the Council Chairman, Armenian Prime Minister Tigran Sargsyan. The RA government reports that the Council approved the bid for the 14th tranche for MCA-Armenia, according to which a bid of 1,771,871 USD was presented to the Millennium Challenge Corporation for the first quarter of 2010. With funds to be provided under this bid, it is planned to continue construction work, including rehabilitation of 17 pumping stations, 5 gravity-fed canals and 6 main canals, as well as to start rehabilitation of irrigation networks in some communities of Ararat, Armavir and Vayots Dzor Marzes and the drainage system of Ararat Valley.
  -   Economy