WASHINGTON, October 30, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IDA Credit: US$20 million
TERMS: Maturity= 20 years; Grace = 10 years
Project Description: The additional financing will support the government of Armenia’s efforts in scaling up activities implemented under the on-going program of water system rehabilitation and improvements, including extension of the ongoing management contract between the Armenia Water and Wastewater Company (AWSC), the water utility in charge of the project, and an international water supply utility operator.
Media Contact
Michael Andrew Jones
(202) 473-2588
mjones2@worldbank.org
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