Armenia’s Prime Minister Karen Karapetyan on Monday November 6th, received a delegation of the Asia Development Bank (ADB), led by its Vice President Wencai Zhang.
Karapetyan said that ADB is one of the key partners of the Armenian government. He added also that together they have implemented a total of 25 joint projects in Armenia over the last years, including with the involvement of the private sector.
Karen Karapetyan highlighted a set of infrastructure projects, particularly, the construction of the North-South transport corridor, the reconstruction of an interstate highway running from Armenian Vanadzor to the border with Georgia, introduction of a new public transport system for the capital Yerevan, Armenia’s digital agenda and many others issues.
The Premier expressed the government’s interest in the constant development of cooperation with ADB and the expansion of its funding to the Armenian private sector. In turn, Wencai Zhang said that the ADB is ready to continue assisting the Armenian government in the implementation of its initiatives in infrastructure development, energy, health-care, education and other sectors. ADB Vice-President noted that the bank is developing currently a strategy of projects until 2030 adding that it is necessary to discuss with Armenia all the directions of cooperation.