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According To Gurgen Sargsyan, Asian Development Bank Also Shows Inte

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  • According To Gurgen Sargsyan, Asian Development Bank Also Shows Inte

    ACCORDING TO GURGEN SARGSYAN, ASIAN DEVELOPMENT BANK ALSO SHOWS INTEREST IN IRAN-ARMENIA RAILWAY CONSTRUCTION PROJECT

    Noyan Tapan
    Feb 17, 2009

    YEREVAN, FEBRUARY 17, NOYAN TAPAN. Receiving the Head of the Transport
    and Communication Unit of the Central Asia and Western Department of
    the Asian Development Bank (ADB) Hong Vang on February 16, the Armenian
    Minister of Transport and Communication Gurgen Sargsyan underlined
    the importance of constructing a North-South road-transport corridor
    which will ensure transit transportation of goods, in addition to
    Armenia-Georgia road-transport communication.

    According to spokeswoman for the minister Susanna Tonoyan, speaking
    about the opportunities of constructing an Iran-Armenia railway,
    G. Sargsyan said that the Asian Development Bank also shows interest
    in this project.

    H. Vang said that the technical studies on construction of the
    North-South corridor have been included in 2009 programs of ADB,
    and the bank has already announced its decision to allocate a one
    million dollar grant with this aim. In his words, the results of the
    tender for the project advisor are currently being summarized. The
    advisor will start its work from mid April. As regards financing the
    construction of the corridor, the ADB's representative proposed using
    a multi-stage version.

    From: Emil Lazarian | Ararat NewsPress
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