Armenia Needs $2.5 Billion for Modernization of Sewage and Sanitation Systems

Published on by in Government

Armenia Needs $2.5 Billion for Modernization of Sewage and Sanitation Systems

The full modernization of Armenia’s sewage and waste water sanitation systems, including the construction of new stations, will cost some $2.5 billion, the country’s nature protection minister Artsvik Minasyan said when presenting a string of amendments to the Water Code.

He said with the current price of water supply and waste water removal about $100 million should be channeled into the modernization of the drainage system until 2030.

P2SlrAi.jpg
Image source: Arka

However, as the minister noted, these funds are not enough to solve the problem, and therefore the government provides for legislative changes, according to which all communities across the country should be provided with accessible water drainage services by 2030.

"The financial burden for the implementation of this program will be borne by private investors and charitable organizations. In particular, the communities will have to attract private investments and donor organizations to solve the issue," Minasyan said.

‘For example, if several organizations unite and build  their own waste water treatment plant, they will  be exempted from paying for drainage,’ the minister said. The minister said also that with the assistance of international donors several pilot projects envisaging the construction of waste water purification stations are to be carried out in the Lake Sevan area.  

According to Minasyan, this approach does not envisage the rise in the drainage tariff, moreover, it will create a competitive environment and, as a result, the possibility of reducing water tariffs.

Read full article: Arka

Media

Taxonomy