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March 28
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YEREVAN. - By the end of 2017, the Armenian Government wants to prepare the budget estimate of the new Kaps irrigation reservoir by the western border of Armenia, Chairman of State Committee of Water Economy Aram Harutyunyan said during the discussion of the report on the republic’s state budget performance in 2015. 

The first section of the reservoir will constitute 25 mln cu m, the second one being 60 mln. The feasibility study will be prepared by German KfW Development Bank.

The construction work will supposedly last for about four years. 

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