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ASIAN DEVELOPMENT BANK TO FINANCE THIRD TRANCHE OF NORTH-SOUTH ROUTE CONSTRUCTION
13:27, 10 January, 2013
YEREVAN, DECEMBER 10, ARMENPRESS: Yerevan-Artashat and Yerevan-Ashtarak
highways construction works have kicked in the frame of North-South
Road Corridor Investment Program. As North-South Road Corridor
Investment Program SNCO chairman Ara Hovsepyan informed Armenpress,
the construction works, launched in the frame of the program are
scheduled to be completed in 2016 January. "The construction works
have been launched still 2012 September 13 and there is already a
step forward progress" the interlocutor noted.
"We are launching negotiations with Asian Development Bank(ADB)
in connection with the construction of Talin - Gyumry section
stipulated by the third tranche" Ara Hovsepyan stated. According to
the interlocutor the construction costs will amount 180 million US
dollars. Ministry of Transport and Communications of the Republic of
Armenia is cooperating with Asian Development Bank for the financing
all the tranches.
13:27, 10 January, 2013
YEREVAN, DECEMBER 10, ARMENPRESS: Yerevan-Artashat and Yerevan-Ashtarak
highways construction works have kicked in the frame of North-South
Road Corridor Investment Program. As North-South Road Corridor
Investment Program SNCO chairman Ara Hovsepyan informed Armenpress,
the construction works, launched in the frame of the program are
scheduled to be completed in 2016 January. "The construction works
have been launched still 2012 September 13 and there is already a
step forward progress" the interlocutor noted.
"We are launching negotiations with Asian Development Bank(ADB)
in connection with the construction of Talin - Gyumry section
stipulated by the third tranche" Ara Hovsepyan stated. According to
the interlocutor the construction costs will amount 180 million US
dollars. Ministry of Transport and Communications of the Republic of
Armenia is cooperating with Asian Development Bank for the financing
all the tranches.