EXHIBITION OF MCA-ARMENIA PROGRAM’S WATER-TO-MARKET ACTIVITY TO BE HELD IN YEREVAN ON OCTOBER 13-14

Noyan Tapan
12.10.2009

An exhibition of the Water-to-Market (WtM) Activity of the Millennium
Challenge Account-Armenia (MCA-Armenia) Program will be held in
Yerevan on October 13-14. As CEO of MCA-Armenia Ara Hovsepian stated
at the October 12 press conference, the exhibition will present the
programs completed and under implementation under the WtM Activity.

During the two-day exhibition, the visitors can see various local
products and modern agricultural technologies.

A. Hovsepian said the 18 million dollar WtM Activity of the
MCA-Armenia Program is an agricultural assistance project financed by
the Millennium Challenge Corporation. Under the WtM Activity, 30,159
farmers received training, 193 demonstration areas were established,
106 enterprises received assistance. In addition, loans of 3 million
577 thousand dollars were given to 326 borrowers, and management
improvement plans were developed for 44 associations of water users.

During the WtM Activity, MCA-Armenia will provide 8.5 million dollars
for crediting the agricultural sector.