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$10 mil to be invested in Armenian national traffic safety strategy

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  • $10 mil to be invested in Armenian national traffic safety strategy

    Some $10 million to be invested in Armenian national traffic safety
    strategy

    YEREVAN, August 21. /ARKA/. Some $10 million is planned to be invested
    in Armenian national traffic safety strategy within five years,
    Armenian Deputy Transport and Communication Minister Hrant Beglaryan
    said Friday at a press conference in Novosti International Press
    Centre.

    He said $100,000 would be intended for salaries of members of the
    traffic safety council's board.

    The World Bank has granted this money to Armenia.

    On August 13, Armenian government approved the national traffic safety
    strategy and activity program for five years.

    The deputy minister said that the strategy has been worked out under
    financial support from World Bank and discussed by the government and
    NGOs.

    He said that the strategy implies a wide range of steps.

    `The funds for the strategy are investments, not expenses, since
    traffic accidents in Armenia caused AMD 21 billon or about $70 million
    in damage', Beglaryan said.

    `If we invest $10 million for five years, we'll save $35 million over
    this period, i.e. $7 million each year.'

    In 2008, 407 people were killed and 3,125 injures in car accidents in
    Armenia. M.V.-0---
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