EBRD aims to help Armenia achieve more sustainable development
12.05.2026,
18:30
The next phase of the EBRD's cooperation with Armenia will be aimed at deepening its impact and supporting the country not only in achieving growth but also in achieving more sustainable, inclusive, and stable development. Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, stated this in an interview with ARKA news agency.
YEREVAN, May 12. /ARKA/. The next phase of the EBRD's cooperation with Armenia will be aimed at deepening its impact and supporting the country not only in achieving growth but also in achieving more sustainable, inclusive, and stable development. Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, stated this in an interview with ARKA news agency.
She noted that developing regional connectivity will remain a central focus of cooperation, as Armenia seeks to strengthen its role in regional trade and integration.
"We will focus on promoting investments in transport, energy, and digital infrastructure to strengthen the country's resilience and position within broader regional corridors," she said.
Falcetti noted that water supply will also remain a key priority, along with a growing focus on developing green and sustainable urban infrastructure, primarily through investments at the municipal level. "In addition to sustainable infrastructure, we attach great importance to developing an inclusive and competitive private sector. This includes targeted support for women, youth, refugees, and local host communities," she explained.
At the same time, the Executive Director noted, the EBRD will continue to support reforms that expand capital markets, improve governance, and foster a more predictable and transparent business environment.
The EBRD is one of the leading institutional investors in Armenia. To date, its financing has exceeded €3 billion through 245 projects, with over 85% of the funds directed to the private sector.
The full interview can be found here.
She noted that developing regional connectivity will remain a central focus of cooperation, as Armenia seeks to strengthen its role in regional trade and integration.
"We will focus on promoting investments in transport, energy, and digital infrastructure to strengthen the country's resilience and position within broader regional corridors," she said.
Falcetti noted that water supply will also remain a key priority, along with a growing focus on developing green and sustainable urban infrastructure, primarily through investments at the municipal level. "In addition to sustainable infrastructure, we attach great importance to developing an inclusive and competitive private sector. This includes targeted support for women, youth, refugees, and local host communities," she explained.
At the same time, the Executive Director noted, the EBRD will continue to support reforms that expand capital markets, improve governance, and foster a more predictable and transparent business environment.
The EBRD is one of the leading institutional investors in Armenia. To date, its financing has exceeded €3 billion through 245 projects, with over 85% of the funds directed to the private sector.
The full interview can be found here.
