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Piazza Grande business center to host EBRD news conference on €1.9 million co-financing grant

19.10.2015 18:34

Piazza Grande business center to host EBRD news conference on €1.9 million co-financing grant

YEREVAN, October 19. / ARKA /. The Piazza Grande business center in Yerevan located at 10, Vazgen Sargsyan street will host a news  conference on October 20 in connection with the signing of a € 1.9 million co-financing grant provided by the Eastern Europe Energy Efficiency and Environment Partnership to Yerevan Municipality to modernize the city’s street lighting system.

The press conference will be conducted by the head of EBRD Yerevan Office, Mark Davis, E5P Fund manager Anders Lund and head of the European Union Delegation to Armenia’s cooperation section Hoa-Binh Adjemian.

The rest of the $6 million worth project will be provided by the European Bank for Reconstruction and Development (EBRD). Yerevan has a population of 1.1 million. Its street lighting network consists of old, inefficient and environmentally polluting mercury-based lights.

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