30 MILLION DOLLARS TO DEVELOP HEATING SYSTEM

Panorama.am
13:26 15/03/06

Today an exhibition of heating technologies was opened by the
initiative of the Government and US Agency of International Development
(USAID) which has been organized in Armenia for the first time. The
exhibition will continue until March 17. About 30 companies will take
part in the exhibition. The councilor of the Prime Minister Gagik
Martirosyan, representative of USAID Yerevan office Robin Phillips
and UNO representative Consuella Vidal were present at the opening
ceremony.

The exhibition has been organized to represent the activity of heating
system. As the organizer of the program Gagik Hovhannisyan mentioned
the aim of the exhibition is to inform wide circles of the society
about the modern heating technologies existing in the market as well
as establishing business relations in this sphere.

To note the program of flat heating has been working in Armenia
since August 2005. In his speech the councilor of the Prime Minister
G. Martirosyan mentioned that in the future 30 million dollars will
be given to develop institutional opportunities of heating system,
12 million of which at the expense of credits, and the other part at
the expense of grants.