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34 Billion Drams Allocated To Ministry Of Transport And Communicatio

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  • 34 Billion Drams Allocated To Ministry Of Transport And Communicatio

    34 BILLION DRAMS ALLOCATED TO MINISTRY OF TRANSPORT AND COMMUNICATION UNDER 2010 DRAFT STATE BUDGET OF ARMENIA

    Noyan Tapan
    Nov 11, 2009

    YEREVAN, NOVEMBER 11, NOYAN TAPAN. Under the 2010 draft state budget
    of Armenia, 34bn drams (about 894.6 thousand USD) has been allocated
    to the RA Ministry of Transport and Communication, as compared to
    38.8bn drams in 2009. Minister of Transport and Communication Gurgen
    Sargsyan said at the November 11 press conference that work on the
    rehabilitation of rural roads and the construction of highways will
    be done with these resources and loans next year.

    Roads of 63 km will be rehabilitated with 2bn drams under State
    Road Rehabilitation project. 430m drams will be spent on repairs
    of 8 bridges. Under the Asian Development Bank-financed Rural Road
    Rehabilitation project, rural roads of 120 km will be put into
    operation next year, with about 4bn drams to be spent for this
    purpose. The World Bank-financed Lifeline Road Improvement Project
    will continue next year: allocations for the reconstruction of rural
    roads of a total of 100 km amount to 11.8bn drams. G. Sargsyan said
    60m dollars will be spent on the first stage of the North-South
    Highway's construction.

    The minister said 400m drams will be provided to the communication
    sector: this sum will be allocated to the Republican Center of
    Telecommunication state noncommercial organization for implementation
    of such activities as monitoring of aired programs, provision of
    advisory services to technical radio communication users, and control
    of television broadcasting.

    Speaking about the Iran-Armenia railway project, G. Sargsyan noted
    that a program of the Asian Development Bank includes grants for a
    feasibility study. "The remaining actions depend on it, that is, if
    we do not receive some financing, there is no point in speaking about
    the other steps. We have reached an agreement with the Iranian side
    that in case of the program's launching, they will provide 400 million
    dollars for the railway's construction in the territory of Armenia,"
    he said. He told the reporters that in case of approval of the grant,
    the first stage of work is likely to begin next year.
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