Announcement

Collapse
No announcement yet.

Hayastan All-Armenian Fund Launches Vardenis-Martakert Highway Const

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Hayastan All-Armenian Fund Launches Vardenis-Martakert Highway Const

    HAYASTAN ALL-ARMENIAN FUND LAUNCHES VARDENIS-MARTAKERT HIGHWAY CONSTRUCTION PROJECT

    13:26 ~U 30.05.13

    The Board of Trustees of the Hayastan All-Armenian Fund held a meeting
    on Thursday.

    Executive Director Ara Vardanyan presented the Executive Board's
    report.

    Talking to journalists following the presentation, he said that the
    Fund plans to launch the Vardenis-Martakert highway construction
    project.

    The new highway will reduce the time of a Yerevan-Stepanakert journey
    down to three hours.

    "The Armenian and Nagorno-Karabakh government have funded the
    earth works, with asphalt work to be carried out. The worth of the
    114-km-long highway is $30m," Vardanyan said.

    With respect to the decision on this particular road construction
    project, he said that this is the second highway connecting Armenia
    with Nagorno-Karabakh and needs modernizing. The highway is of
    strategic importance for development of the Martuni region. It will
    also facilitate tourism development.

    The project is unlikely to the completed this year as new fund-raising
    telethons are expected to be organized. The specific amount will be
    announced next January and construction companies will be invited to
    offer their services.

    As regards the Fund's activities in 2012, Vardanyan said that all
    the reports were approved.

    http://www.tert.am/en/news/2013/05/30/ara-vardanyan/

Working...
X