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AUSTRIA WILL PROVIDE ARMENIA WITH ADDITIONAL LOAN OF 2 MILLION EURO FOR REEQUIPPING CONCERT HALLS AND THEATER
YEREVAN, June 4. / ARKA /. Austria will provide Armenia's government
with an additional loan of 2 million euro for reequipping two concert
halls and a theater, chief of government staff David Harutyunyan
said today.
He said the Austrian bank Erste had already provided Armenia with
an interest-free loan of 7 million as part of Armenian- Austrian
cooperation in science, technology, trade and economy.
He said the additional loan will be provided at 1.1 percent interest
rate for 1.7 million euros and 3.5 percent for the rest. The loan is
repayable in 11 years.
He said the Armenian government has chosen Austrian companies -
Wagner-Biro Austria Stage Systems AG, SALZBRENNER STAGETEC Audio Video
Mediensystems GmbH, Electronic Theatre Controls GmbH and consortium
Artstech to handle the projects.
He specified that the loan will be used to reequip the Aram
Khachaturian concert hall and provide with illuminating and sound
equipment the Sundukyan National Academic Theatre and Armenian
Philharmonic Orchestra.
The projects are to be completed by August 2015. As a result Armenian
cultural facilities will meet international standards for concert
halls and theaters. -0-
- See more at:
http://arka.am/en/news/society/austria_will_provide_armenia_with_additional_loan_ of_2_million_euro_for_reequipping_concert_halls_an/#sthash.TuC38UJt.dpuf
YEREVAN, June 4. / ARKA /. Austria will provide Armenia's government
with an additional loan of 2 million euro for reequipping two concert
halls and a theater, chief of government staff David Harutyunyan
said today.
He said the Austrian bank Erste had already provided Armenia with
an interest-free loan of 7 million as part of Armenian- Austrian
cooperation in science, technology, trade and economy.
He said the additional loan will be provided at 1.1 percent interest
rate for 1.7 million euros and 3.5 percent for the rest. The loan is
repayable in 11 years.
He said the Armenian government has chosen Austrian companies -
Wagner-Biro Austria Stage Systems AG, SALZBRENNER STAGETEC Audio Video
Mediensystems GmbH, Electronic Theatre Controls GmbH and consortium
Artstech to handle the projects.
He specified that the loan will be used to reequip the Aram
Khachaturian concert hall and provide with illuminating and sound
equipment the Sundukyan National Academic Theatre and Armenian
Philharmonic Orchestra.
The projects are to be completed by August 2015. As a result Armenian
cultural facilities will meet international standards for concert
halls and theaters. -0-
- See more at:
http://arka.am/en/news/society/austria_will_provide_armenia_with_additional_loan_ of_2_million_euro_for_reequipping_concert_halls_an/#sthash.TuC38UJt.dpuf