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Yerevan City Hall Negotiating Metro Line Project With Banks

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  • Yerevan City Hall Negotiating Metro Line Project With Banks

    YEREVAN CITY HALL NEGOTIATING METRO LINE PROJECT WITH BANKS

    TERT.AM
    17:55 ~U 26.03.13

    The Yerevan City Hall is conducting negotiations with several banks
    for the construction of more metro lines in the capital city.

    Speaking to Tert.am, the head of the city council's commission for
    financial and credit affairs, Naira Nahapetyan (Republican Party of
    Armenia), said they are now negotiating with the Eurasian Bank for
    launching a metro line to the administrative districts of Ajapnyak
    and Davtashen. "You know that requires huge financial investments,
    so we are waiting to see who will offer good terms," she explained.

    Nahapetyan noted that the plan will essentially relieve the overload
    of overground transportation means, reducing the traffic jams in the
    streets of Yerevan.

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