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2008-09-29 14:53:00 'Lincy' Allocated 6 Bln Drams For Construction O

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  • 2008-09-29 14:53:00 'Lincy' Allocated 6 Bln Drams For Construction O

    'LINCY' ALLOCATED 6 BLN DRAMS FOR CONSTRUCTION OF ONE OF KEY HIGHWAYS OF YEREVAN

    ArmInfo
    2008-09-29 14:53:00

    ArmInfo. The "Lincy" Fund allocated 6 bln drams for construction of
    one of the key highways of Yerevan, Mayor of Yerevan Yervand Zakharyan
    told journalists today during the opening of "Saralanji" highway.

    The new highway will join the city's center with the northern regions
    and will considerably reduce the load on the existing traffic artery -
    Baghramyan Avenue and Khanjyan Street. In particular, Y. Zakharyan
    said, henceforth, the highway service between the south and north
    of Yerevan will not pass through the center. The total length of the
    highway together with road interchanges makes up 6 km. The main road
    includes a tunnel between Abovyan Street and Myasnikyan Avenue with
    length of 220 m. Total of 1,35 bln drams were allocated from the
    budgetary funds for the tunnel construction carried out from March
    8 to September 20 , 2008.

    'This brave project started to be implemented three years go on the
    initiative of ex- President of Armenia Robert Kocharyan, after which
    it went on under aegis of and strict supervision of the ncumbent RA
    President Serzh Sargsyan', Y. Zakharyan said. The mayor expressed
    gratitude to the American billionaire of the Armenian origin Kirk
    Krkoryan, who financed the activity of the 'Linsy' Fund, as well as
    to all those having participated in designing and construction of
    the tunnel.

    From: Emil Lazarian | Ararat NewsPress
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