ArmRosGazrpom received the first tranche from KfW

PanARMENIAN.Net - ArmRosGazrpom CJSC has received the first tranche from KfW development bank. The long-term loan agreement with German bank was signed for a total sum of € 50 million, the company's press service reports.



Sums allocated within agreement frameworks are intended for funding the project aimed at the reconstruction and development of Armenia's gas transportation and gas distribution systems.
 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---