Tweet
ADB to extend USD300 million to Armenia
26.03.2010 18:30 GMT+04:00
/PanARMENIAN.Net/ Yerevan Mayor Gagik Beglaryan met with Asian
Development Bank delegation (ABD), Mayor's office reported.
In June, ADB board plans to consider the issue of USD300 million
crediting for Armenia. The funds will be allocated to large-scale
subway construction works, and renewal of city transport.
Specifically, USD85 million will be allocated to the construction of
new subway entrance at Yeritasardakan station.
Gagik Beglaryan presented Noragyugh business center construction
project within general city planning scheme, giving high assessment to
ADB participation in the program of major strategic importance to
Yerevan.
The Asian Development Bank (ADB) is a regional development bank
established in 1966 to promote economic and social development in
Asian and Pacific countries through loans and technical assistance. It
is a multilateral development financial institution owned by 67
members (as of 2 February 2007), 48 from the region and 19 from other
parts of the globe. ADB's vision is a region free of poverty. Its
mission is to help its developing member countries reduce poverty and
improve the quality of life of their citizens.
26.03.2010 18:30 GMT+04:00
/PanARMENIAN.Net/ Yerevan Mayor Gagik Beglaryan met with Asian
Development Bank delegation (ABD), Mayor's office reported.
In June, ADB board plans to consider the issue of USD300 million
crediting for Armenia. The funds will be allocated to large-scale
subway construction works, and renewal of city transport.
Specifically, USD85 million will be allocated to the construction of
new subway entrance at Yeritasardakan station.
Gagik Beglaryan presented Noragyugh business center construction
project within general city planning scheme, giving high assessment to
ADB participation in the program of major strategic importance to
Yerevan.
The Asian Development Bank (ADB) is a regional development bank
established in 1966 to promote economic and social development in
Asian and Pacific countries through loans and technical assistance. It
is a multilateral development financial institution owned by 67
members (as of 2 February 2007), 48 from the region and 19 from other
parts of the globe. ADB's vision is a region free of poverty. Its
mission is to help its developing member countries reduce poverty and
improve the quality of life of their citizens.