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TBILISI: Italians Interested In Armenia-Georgia Transportation Prosp

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  • TBILISI: Italians Interested In Armenia-Georgia Transportation Prosp

    ITALIANS INTERESTED IN ARMENIA-GEORGIA TRANSPORTATION PROSPECTS

    Messenger.ge
    Friday, January 29

    Deputy Prime Minister of Italy Paulo Romani has stated, while meeting
    Armenian Transport and Communications Minister Gurgen Sarkisian,
    that Italian road construction companies are ready to participate
    in the international tender on the construction of new motorways
    connecting Armenia and the Georgian Black Sea ports.

    In Autumn 2008 during the Armenian President's visit to Georgia an
    agreement was made on constructing a transport corridor connecting
    Yerevan with Batumi. Armenia and the Asian Development Bank signed a
    loan agreement concerning this. In 2010 around USD 120 million will
    be spent on this project. Brazilian investors are also prepared to
    participate in.
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