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Haykakan Zhamanak: Mystery Over North-South Road Program

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  • Haykakan Zhamanak: Mystery Over North-South Road Program

    HAYKAKAN ZHAMANAK: MYSTERY OVER NORTH-SOUTH ROAD PROGRAM

    08:54 ~U 30.04.13

    Referring to the removal of director of the North-South program
    the paper says the situation is rather remarkable regarding the
    implementation of the program as well.

    North-South highway which is to link Bavra and Meghri checkpoints
    must be 556 kilometers long.

    For its construction the Asian Development Bank expressed readiness to
    provide $500 million loan. Besides, just 20 days ago another contract
    has been signed with the Eurasian Bank on provision of $100 million.

    The paper says the $230 million out of $500 million the ADB provided
    two years ago and there seemed to be no problems for the implementation
    of the program while it has always been covered with mystery.

    The paper says for delaying it for about 1.5 years the Armenian
    government has already paid $300,000 fine. The paper says few months
    ago during presidential election campaign ground works for launching
    the implementation of part of the program ceremonially launched,
    while today there is no engineering even standing there. The paper
    says the implementation of the program is very suspicious and promised
    to refer to the issue in future as well.

    http://www.tert.am/en/news/2013/04/30/cragir/

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