Veolia, through its subsidiary Veolia Djur, has won the affermage contract for all drinking and wastewater services in Armenia. The 15-year contract is worth €800 million.
Veolia will be supplying potable water round the clock to some three million Armenians by 2030. Under the contract, the company will manage drinking water production and distribution and the country’s wastewater treatment facilities, and will develop and improve the efficiency of the country’s water supply network.
The company already provides services to Yerevan, the country’s capital city. The project will require $200 million in investment over the next four years, which will be provided by international lending banks such as the EBRD, Germany’s KfW development bank and the EIB.
- Armenia, Veolia, municipal wastewater, municipal water