MCA-ARMENIA SIGNS CONTRACT FOR FIRST IRRIGATION PROJECT

ARMENPRESS
Jan 10, 2007

YEREVAN, JANUARY 10, ARMENPRESS: Millennium Challenge Account –
Armenia SNCO announced the award of a civil works contract to
"AGAT-777" LLC for rehabilitation of tertiary canals in Abovian,
Arevshat and Lanjazat communities of Ararat marz and Griboyedov
community of Armavir marz under the Irrigated agriculture project.

The contract was signed at MCA-Armenia SNCO office by MCA-Armenia
CEO Ara Hovsepian and "AGAT-777" LLC Director Aghvan Karapetian.

According to the contract, "AGAT-777" LLC should: construct canals
from reinforced concrete flumes; construct steel pipelines from
pipes of various diameter; prepare and install flat steel gates,
paint steel structures, and arrange joints.

The contract value is 116,862,152 AMD. The communities mentioned
above have contributed 15% of the overall construction costs. They
are being served by Aknalich and Azat Water Users Associations. The
duration of works will be 6 months.

This construction project will ensure reliable irrigation to an area
of about 70 ha and rehabilitation of 1,100 meters of tertiary canal
in Abovian community, 110 ha and 448 meters of canal in Arevshat
community, 230 ha and 3,249 meters of canal in Griboyedov community,
and 50 ha and 1,706 meters of canal in Lanjazat community.

Overall, MCA-Armenia program will invest US$ 108 million into
rehabilitation of irrigation infrastructure in Armenia, including up
to 68 pumping stations, 7 reservoirs, 6 main canals, 18 gravity schemes
as well as up to up to 300 km of tertiary canals in the rural areas.

Millennium Challenge Account-Armenia (MCA-Armenia), a State Non
Commercial Organization established by the Government of Armenia,
is responsible for overseeing the transparent implementation of the
Compact signed between the Millennium Challenge Corporation and the
Government of Armenia.