Armenia: World Bank Supports Implementation of Government’s Urban Heating Strategy

Fuente: World Bank
http://www.worldbank.org

noticias.info/ WASHINGTON, July 12, 2005. – The World Bank’s Board of Directors today approved an Urban Heating Project (UHP) for Armenia in the amount of US$15 million. The project will support the implementation of the Government’s Urban Heating Strategy for multi-unit apartment buildings and will improve heating in urban schools.
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[...] about 7,000 households in multi-apartment buildings without access to operational heating services would benefit from these investments. [...]. Roughly 10,000 poor households are expected to be provided with a basic level of service from clean heat sources. [...]. Roughly 100 schools will receive funding under this component. The primary focus of this component will be on urban schools outside Yerevan.
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The Credit will be made to Armenia on standard IDA {International Development Association} terms, including 40 years maturity and a 10-year grace period.

Since joining the World Bank in 1992 and IDA in 1993, commitments to Armenia total approximately US$896 million for 40 operations.

Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.