Thursday, January 29 2026 15:45
Naira Badalian

Armenia to sign MoU with EIB for Armenia-Resilient  Syunik program

Armenia to sign MoU with EIB for Armenia-Resilient  Syunik program

ArmInfo.  On January 29, the Armenian government approved a proposal to sign a cooperation agreement to provide advisory services to support the preparation of  the Armenia - Resilient  Syunik program. The corresponding decision  was made at a government session on January 29.

As stated in the document's rationale, the Memorandum of  Understanding is planned to be signed between the European Investment  Bank (EIB) and the RA Ministry of Territorial Administration and  Infrastructure a to ensure the provision of advisory services for the  preparation of the water supply component of the Armenia - Resilient  Syunik Program (RESYP).  The advisory services are expected to  support the preparation of an investment plan and cost estimate for  the water supply component of the program, in line with EIB financing  criteria, through technical assistance financed by the EIB.

Project objectives:

- Improving access to reliable and safe water supply for the  population of the Syunik region, - Strengthening the socio-economic  resilience of communities, - Integrating displaced and resettled  families, - Promoting sustainable economic growth through  infrastructure development.

Under the Memorandum, the EIB will manage the entire procurement  process for the advisory services:  tendering, contract signing,  management, and payment, while the Ministry of Territorial  Development of the Republic of Armenia will act as the EIB's lead  partner. The Water Resources Committee will coordinate the provision  of advisory services under this Agreement in cooperation with the  project beneficiaries-the Syunik regional administration,  communities, settlements, and the Armenian Territorial Development  Fund.

It is noted that the  ratification of the Memorandum is appropriate  given the strategic importance of the Syunik region, the needs of  conflict-affected communities, and the priority of improving water  supply infrastructure. The technical assistance will include a study  of the water supply systems of 55 pre-selected settlements in the  Syunik region and the development of feasible water supply schemes  for the settlements (which may ultimately differ from the 55  initially selected by name and number) (for the construction, repair,  and rehabilitation of municipal and rural water supply  infrastructure), with a technical and financial assessment. The  drinking water component is one of three components of the RESYP  program and is expected to account for half of the total estimated  project cost (50 million euros), which is 25 million euros.