Baku 9° C
Armenia secures €50 million from EIB for Syunik development
Region
- 11 September, 2025
- 11:42
The Armenian government approved on Thursday a loan agreement with the European Investment Bank (EIB) for €50 million to support the development of the Syunik region.
Report informs via Armenian media that the funds will be allocated to improve water supply infrastructure, healthcare, and education in local communities. Energy efficiency projects are also planned in the same areas.
The loan will be provided for a term of up to 20 years, and the project is expected to be implemented over a five-year period.
Author
Latest News
20:19
Omer Bolat: Development of joint brands important aspect of co-op with Azerbaijan
Business20:00
Trump says he invited Kazakh, Uzbek leaders to G20 Summit next year
Other countries19:38
Masoud Pezeshkian phones President Ilham Aliyev
Foreign policy19:23
Photo
Meeting with Turkish delegation held at Azerbaijan's Ecology Ministry
Ecology19:00
King of Jordan sends congratulatory letter to president of Azerbaijan
Foreign policy18:38
Photo
Rovshan Najaf: SOCAR's investments in Türkiye aimed at long-term sustainable development
Energy18:18
UNESCO's new director-general gets invited to WUF13, World Forum on Intercultural Dialogue
Foreign policy17:58
Photo
Hilton Garden Inn Aghdam inaugurated in Aghdam city
Domestic policy17:46