ARMENIA TO GET $100M FROM EURASIAN DEVELOPMENT BANK FOR NORTH-SOUTH HIGHWAY
http://www.armradio.am/en/2013/09/04/armenia-to-get-100m-from-eurasian-development-bank-for-north-south-highway/
16:55 04.09.2013
Armenia will get $100 million from a Eurasian Economic Community
anti-crisis fund, a Eurasian Development Bank official said Wednesday.
The 556-km corridor, designed to improve transport links between
Europe, the Caucasus and Asia, in particular between Eastern Europe
and western Asia, is to be completed by 2017.
In January 2010, the Armenian government approved an investment
program for the North-South transport corridor, and a framework
finance agreement between Armenia and the Asian Development Bank
worth a total of $500 million.
Wednesday's decision came after discussions between the Eurasian
Development Bank's Deputy President Sergei Shatalov and Armenia's
Transport and Communications Minister Gagik Beglaryan, the ministry's
press service told RIA Novosti.
http://www.armradio.am/en/2013/09/04/armenia-to-get-100m-from-eurasian-development-bank-for-north-south-highway/
16:55 04.09.2013
Armenia will get $100 million from a Eurasian Economic Community
anti-crisis fund, a Eurasian Development Bank official said Wednesday.
The 556-km corridor, designed to improve transport links between
Europe, the Caucasus and Asia, in particular between Eastern Europe
and western Asia, is to be completed by 2017.
In January 2010, the Armenian government approved an investment
program for the North-South transport corridor, and a framework
finance agreement between Armenia and the Asian Development Bank
worth a total of $500 million.
Wednesday's decision came after discussions between the Eurasian
Development Bank's Deputy President Sergei Shatalov and Armenia's
Transport and Communications Minister Gagik Beglaryan, the ministry's
press service told RIA Novosti.