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Transport Minister And World Bank Yerevan Office Head Discuss $40 Mi

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  • Transport Minister And World Bank Yerevan Office Head Discuss $40 Mi

    TRANSPORT MINISTER AND WORLD BANK YEREVAN OFFICE HEAD DISCUSS $40 MILLION LIFELINE ROAD IMPROVEMENT PROJECT

    / ARKA /
    June 28
    YEREVAN

    Armenian transport and communications minister Manuk Vardanyanand
    head of World Bank Yerevan Office, Jean-Michel Happi, met today to
    discuss a $40 million World Bank-funded Lifeline Road Improvement
    Project in Armenia, the press service of the ministry told ARKA.

    It also quoted Mr. Happi as saying that the focus is being shifted
    now from social projects that were designed to overcome the fallout
    from the latest economic crisis to agriculture development projects -
    to directing assistance to farms, improvement of irrigation systems
    and infrastructure that include also the availability of safe roads.

    Highlighting the role of rural roads in the development of agriculture,
    minister Vardanian said the ministry has already undertaken a
    comprehensive study of roads, especially in terms of building earth
    roads to mountainous and remote villages.

    The minister also spoke of the need to finance projects designed
    for main roads, particularly, about North-South transport corridor
    and two highways towards the Georgian border. He said a preliminary
    agreement to this end was reached with the World Bank and European
    Investment Bank.

    The two men were said to have also discussed a variety of issues
    on design and application of new road technologies, as well as the
    formation of institutional capacity.

    The sides also discussed World Bank's assistance for organizing and
    conducting a tender to select a concessional operator for Armenian
    bus terminals. Happi was quoted as saying that this question was
    under discussion at the World Bank.

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