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Armenia Searching Means For Yerevan-Batumi Highway Construction

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  • Armenia Searching Means For Yerevan-Batumi Highway Construction

    ARMENIA SEARCHING MEANS FOR YEREVAN-BATUMI HIGHWAY CONSTRUCTION

    /PanARMENIAN.Net/
    29.07.2009 18:01 GMT+04:00

    /PanARMENIAN.Net/ A certain progress has been registered in
    Yerevan-Batumi highway construction issue.

    As RA Transport and Communication Minister Gurgen Sargsyan told a news
    conference today, Xiaoyu Zhao, Vice President of Asian Development
    Bank has recently visited Armenia to discuss a number of transportation
    issues, specifically Yerevan-Batumi highway construction.

    Negotiations are conducted with ABD as well as other interested parties
    for highway construction funding provision. The exact sum of project
    funding has not been yet determined as project feasibility study
    is currently is process. Upon study construction, financing issues
    will be discussed in more detail, RA Transport and Communication
    Minister stated.
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