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Relocation Of Residents Of Apartment Blocks In Zvartnots Airport's T

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  • Relocation Of Residents Of Apartment Blocks In Zvartnots Airport's T

    RELOCATION OF RESIDENTS OF APARTMENT BLOCKS IN ZVARTNOTS AIRPORT'S TERRITORY IS ESTIMATED TO COST $15 MILLION

    YEREVAN, January 22. /ARKA/. The program of relocation of the
    residents of two apartment blocks and one hostel in Zvartnots Airport's
    territory is estimated to cost $15 million, Nelli Cherchinyan, the
    press secretary of the General Department of Civil Aviation of Armenia,
    told ARKA News Agency on Wednesday.

    Artem Movsisyan, the head of the department, told journalists yesterday
    that the program is planned to be completed in this year's summer
    and $4 million will be allocated for its implementation this year.

    The concessioner says these houses hamper aerial navigation. After
    relocation of 176 families residing here these buildings will be
    pulled down.

    "The concessioner is implementing a $4-million investment project,
    under which houses are being built now for the displaced people in
    Yerevan's South-West residential area," Movsisyan said.

    It is planned, he said, to provide new housing to these people
    already this summer. He said all of them have given their consent for
    relocation and they are ready to settle in the South-West residential
    area. Their new apartments will be even a little larger than what
    they had before and will be provided with kitchen furniture and
    sanitary ware.

    Zvartnots Airport is being run by the Armenia - International Airports
    in accordance with a 30-year concessional management agreement sealed
    with Armenian government in 2001.

    The company belongs to New York Holding Company owned by Eduardo
    Eurnekian, an Argentine entrepreneur of Armenian descent. --0---

    - See more at:
    http://arka.am/en/news/society/relocation_of_residents_of_apartment_blocks_in_zva rtnots_airport_s_territory_is_estimated_to_cost_15/#sthash.3uDzmVxB.dpuf




    From: A. Papazian
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