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Modernization

Around the Globle

“Ukraine and Germany Collaborate to Boost Military Modernization and Economic Growth”

The joint venture between “Ukroboronprom” and German Rheinmetall has opened in Ukraine, focusing on military equipment production. This cooperation aims to modernize weapons and boost the economy with new high-tech equipment. Ukrainian and German experts work together, benefiting both countries.

Business Government

“Armenia Secures Loan Extension for Modernization of Key Interstate Highway”

Armenia signs loan agreement with ADB for the modernization of Armenia-Vrastan Highway. Loan term extended for completion of construction works and preliminary tasks. Loan closure deadline set for August 31, 2024. Partial disbursement allocated for detailed investigation and digitalization of Dilijan-Pushkin highway.

Armenian Government Approves Modernization of Military Infrastructure in Mountainous Areas

RA Government approves military infrastructure modernization in mountainous areas, including measuring instruments for reconnaissance. Minister Suren Harutyunyan highlights companies’ adherence to implementation. Measuring instruments should be reflected in government’s work, benefit companies, and reduce environmental risks.

Yerevan Municipality Council’s Ambitious Water Supply Project Well Underway: Mayor Emphasizes Water Security and Sustainable Management

Expansion, improvement, and modernization activities in the water supply system are divided into three phases. The mayor of Yerevan, Armen Begoyan, highlights the importance of the “Water security and sustainable management” program. Construction of water infrastructure is underway, and irrigation works have led to the planting of trees and shrubs. Groundwater levels in the capital have increased significantly, and 11,391 saplings will be given to vulnerable families as social assistance.