ADB OFFICE TO OPEN IN YEREVAN

A1+
[06:44 pm] 17 November, 2008

On November 18 the President of the Asian Development Bank (ADB),
Haruhiko Kuroda (Manila, Philippines), will arrive in Armenia for
a one-day visit. The ADB President will meet with President Serzh
Sargsyan, Prime Minister Tigran Sargsyan and Catholicos Karegin II.

On November 18 Mr. Kuroda will officially dedicate the first ADB
office in Yerevan which will coordinate the ADB activities in Armenia.

The ADB and the Armenian Government will sign a new agreement. The
ADB is expected to assist in the development of community roads and
improve the management of transport.

In Armenia, the ADB focuses on transport, public utilities and
improvements to public services. Since 2005 when Armenia joined
the ADB, the bank has financed two programmes, community roads and
water supply.