President satisfied with ADB-Armenia cooperation

July 23, 2009 - 16:39 AMT
PanARMENIAN.Net - President Serzh Sargsyan has today received Vice President of Asian Development Bank (ADB) Khiano Jao and his delegation, RA President's press service reports.



Expressing satisfaction with the rapid paces of mutual cooperation, President noted the Bank's interest in large-scale transport projects, such as North-South highway and railway construction, as well as programs aimed at the development of Yerevan's transport network.



President also expressed his gratitude to ADB for allocating $ 80 million to Armenia for overcoming global crisis impact.



Jao in turn expressed interest in developing long-term partnership with Armenia. Highly assessing cooperation between ADB and RA Government, he also expressed his satisfaction with the implementation of programs aimed at reconstructing rural roads and installing water supply systems.
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