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City Mayor: Construction Of New Metro Station "Achapnyak" In Yerevan

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  • City Mayor: Construction Of New Metro Station "Achapnyak" In Yerevan

    CITY MAYOR: CONSTRUCTION OF NEW METRO STATION "ACHAPNYAK" IN YEREVAN WILL CONTINUE IN 2011

    ARKA
    March 10, 2010

    YEREVAN, March 10. /ARKA/. Construction of new metro station
    "Achapnyak" in Yerevan will continue in 2011, said Gagik Beglaryan,
    Yerevan City Mayor.

    Yerevan Municipality conducted negotiations with Asian Development
    Bank and has already appointments for 2011.

    "It is possible that in the result of negotiations in the center
    of Yerevan - crossroads of Abovyan and Sayat-Nova streets second
    entrance of metro station "Yeritasardakan" will be opened and in 2011
    unfinished construction of metro station "Achapnyak" will continue",
    said Beglaryan.

    Opening of the entrance of metro station "Yeritasardakan" in the center
    of Yerevan was envisaged during the construction of stations but the
    works were implemented by 60%. In its result the project was refused.

    Tigran Davtyan, Armenian Minister of Finance said that the mentioned
    programs are of great importance for Yerevan.

    "The issue of opening second entrance of metro station "Yeritasardakan"
    is in the process of discussion", said the Minister.

    Underground receives sufficient subsidies from state budget and the
    programs should be viewed in the context of economic efficiency of
    Yerevan underground.

    Yerevan underground named after K. Demirchyan was opened in 1981 and
    now it has 10 stations. The last metro station "Charbakh" was opened
    in 1996.

    The underground will receive 15 million EURO for the implementation of
    modernization and reconstruction program, from which 5 million EURO
    will be allocated by EBRD, 5 million EURO - European Investment Bank
    and another 5 million EURO will be the grant of EC in the frames of
    the program "European Neighborhood".

    Another 1 million EURO for Yerevan underground will allocate EBRD by
    the program of technical assistance from the resources of shareholders'
    fund.
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