This case study focuses largely on how the Government of Armenia first embarked on private sector participation in its water supply and sewerage sector, which was through the 4-year management contract in Yerevan.
Maynilad Water Services, Inc. underwent a successful rebidding process that allowed new owners to take over, in the process paying off the utility's debts and embarking on a P33 billion capital expenditure program for 2007-2015.
ADB has approved a $20 million loan to stem coastal erosion around the popular Black Sea tourist destination of Batumi.