
For the first time in the history of the third Republic of Armenia, a new village will be built from scratch. The decision was approved at the cabinet meeting today.
The Government gave a green light to the Action Plan for Acquisition and Resettlement of Lands under the Joint Water Resources Management/Akhuryan River, Phase 1 project.
On December 19, 2014 a loan agreement was signed between the Republic of Armenia and the Bank for Reconstruction and Development (KfW), which, in particular, envisages the implementation of the Construction of Kaps Reservoir and Gravity Irrigation System.
The half-built reservoir is located in Shirak region, in the Akhuryan river valley, 22 km north of Gyumri. The project includes the stabilization and rehabilitation of the Kaps dam, the construction of a r