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SAUR TO INVEST $25 MILLION IN 4 YEARS TO IMPROVE WATER SUPPLIES

YEREVAN, JANUARY 28, ARMENPRESS : The French company Saur that won an international tender for running Armenia’s water and sewage system has pledged to invest $2 or $3 million this year to improve water supplies and gradually phase out water rationing. Patrick Loren, the chief manager of Armenian Water and Sewage company, said one of the priorities will be to decrease losses of water.

The company operates water supplies to 300 rural and 37 urban communities. Another priority, according to him, is the installment of water meters, repair of decayed pipes, restoration of water purifying stations. Out of 176,846 active households only 73,000 have installed meters. The company plans to raise this figure by another 30,000 this year.

Two pilots projects will be implemented in Sevan and Dilijan. Next year the project will include other towns and rural settlements. The company’s four-year investment project envisages a total of $25,5 million investments, of which $23 million will come from a World Bank long-term credit, another $2.5 million will come from the government budget.

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