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Spanish Company Wins Tender To Build North-South Road In Armenia

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  • Spanish Company Wins Tender To Build North-South Road In Armenia

    SPANISH COMPANY WINS TENDER TO BUILD NORTH-SOUTH ROAD IN ARMENIA

    news.am
    April 26, 2012 | 17:38

    YEREVAN. - Spanish Corsan Corviam Construccion S.A. Company won the
    competition on construction of three sections of North-South corridor
    in Armenia.

    The Armenian Government authorized on Thursday the Transport and
    Communication Minister to conclude a contract with the Company.

    The contract amounts to $250 million and the project is financed by
    the Asian Development Bank (ADB). According to the PM Tigran Sargsyan,
    the overall investments for the project amount to $1.5 billion.

    Four Chinese and two Spanish companies have applied for parrticipation
    in tender.



    From: Emil Lazarian | Ararat NewsPress
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