EIB APPROVES EURO 30,8 MLN LOANS FOR CHECKPOINTS MODERNIZATION

PanARMENIAN.Net
March 30, 2012 - 16:23 AMT

PanARMENIAN.Net - Armenian government headed by Prime Minister Tigran
Sargsyan held a meeting on modernization of Bagratashen, Gavar and
Bavra checkpoints at Armenia-Georgia border.

RA Deputy Minister of Finance Vardan Aramyan briefed on the conduction
of modernization works of these check points. He further noted that
the European Investment Bank (EIB) approved loans at the amount of
euro 30,8 mln. The modernization project is estimated at euro 60 mln.,
governmental press service reported.

In this context, the PM instructed the relevant institutions to
organize works in timely manner.


From: Baghdasarian