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ISOLUX CORSAN WILL BUILD VARIOUS SECTIONS OF ROAD IN ARMENIA
PR Newswire
May 31 2012
- The project, valued at $250m, is funded by the Asian Development
Bank - The works are scheduled to take up to 3 years
Isolux Corsan has been awarded a contract to build 91.7 kilometres of
road in Armenia. The project is located in the country's north-south
communication corridor, 550 km long, which will connect Armenia with
Iran to the south and with the Black Sea via Georgia to the north. It
will require a capex of over $1.5 bn.
The section awarded runs between Ashtarak and Talin. The company
will be building additional lanes and new road on the existing M-1,
and refurbishing the stretch between Yerevan and Ashtarak,-as well as
refurbishing and enhancing the existing M-2 between Yerevan and Ararat.
The project awarded, with a tender value of $250m, is funded by the
Asian Development Bank.
For Isolux Corsan, this contract opens the door into a new market with
enormous potential, and the expansion of its construction division
in a location the company considers strategic for its development.
About Isolux Corsan
Isolux Corsan is a major global company in the power, concession
and construction businesses. It operates in over 30 countries on
four continents. Its main growth drivers are the construction of
large transport infrastructure, such as toll roads, railways, air-and
sea-ports, hydro-power plants, and singular buildings. Isolux Corsan
manages concessions that operate 533 kilometresof transmission lines
in India, Brazil and the USA; 1,610kilometresof toll roads in Brazil,
India, Mexico and Spain, and over 22,000 parking spaces in Spain.In
the power industry, the group generates 250 GW/h of solar photovoltaic
energy in Spain, Italy and India each year, and is a key player in
the engineering, procurement and construction (EPC) of power plants,
with 1,500 MW currently under construction. http://www.isoluxcorsan.com
ISOLUX CORSÁN:
Gabinete de prensa, Macarena Ramírez Aparicio (+34-91-449-32-93)
| [email protected]
SOURCE Isolux Corsan
PR Newswire
May 31 2012
- The project, valued at $250m, is funded by the Asian Development
Bank - The works are scheduled to take up to 3 years
Isolux Corsan has been awarded a contract to build 91.7 kilometres of
road in Armenia. The project is located in the country's north-south
communication corridor, 550 km long, which will connect Armenia with
Iran to the south and with the Black Sea via Georgia to the north. It
will require a capex of over $1.5 bn.
The section awarded runs between Ashtarak and Talin. The company
will be building additional lanes and new road on the existing M-1,
and refurbishing the stretch between Yerevan and Ashtarak,-as well as
refurbishing and enhancing the existing M-2 between Yerevan and Ararat.
The project awarded, with a tender value of $250m, is funded by the
Asian Development Bank.
For Isolux Corsan, this contract opens the door into a new market with
enormous potential, and the expansion of its construction division
in a location the company considers strategic for its development.
About Isolux Corsan
Isolux Corsan is a major global company in the power, concession
and construction businesses. It operates in over 30 countries on
four continents. Its main growth drivers are the construction of
large transport infrastructure, such as toll roads, railways, air-and
sea-ports, hydro-power plants, and singular buildings. Isolux Corsan
manages concessions that operate 533 kilometresof transmission lines
in India, Brazil and the USA; 1,610kilometresof toll roads in Brazil,
India, Mexico and Spain, and over 22,000 parking spaces in Spain.In
the power industry, the group generates 250 GW/h of solar photovoltaic
energy in Spain, Italy and India each year, and is a key player in
the engineering, procurement and construction (EPC) of power plants,
with 1,500 MW currently under construction. http://www.isoluxcorsan.com
ISOLUX CORSÁN:
Gabinete de prensa, Macarena Ramírez Aparicio (+34-91-449-32-93)
| [email protected]
SOURCE Isolux Corsan