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GOVERNMENT TO FINANCE CONSTRUCTION OF ARMENIA-IRAN ROAD
Arminfo
5 Apr 07
Yerevan, 5 April: The Armenian government will allocate
1.8bn drams (about 5m dollars) from its reserve fund for the
construction of the Kapan-Tsav section of the intergovernmental
Meghri-Shvanidzor-Verishen-Tsav- Kapan road that connects Armenia
with Iran.
The press service of the Armenian government reported that the
resources will particularly be used with the aim of constructing
the horizontal curves and slopes of the Kapan-Tsav section of the
road to meet the requirements of the third technical level. Under
another decision, the government has allocated 620m drams [1.6m
dollars] from its budget for the contractors to compensate
the higher prices on asphalt. The deadline for the end of the
Meghri-Shvanidzor-Verishen-Tsav-Kapan road construction has been
extended to 15 September 2007.
The construction of the road in 2005. Its full length is 91.8 km. The
government has allocated about 13bn drams (35m dollars) from its
budget for the construction. The new road will substantially improve
traffic capacity.
From: Emil Lazarian | Ararat NewsPress
Arminfo
5 Apr 07
Yerevan, 5 April: The Armenian government will allocate
1.8bn drams (about 5m dollars) from its reserve fund for the
construction of the Kapan-Tsav section of the intergovernmental
Meghri-Shvanidzor-Verishen-Tsav- Kapan road that connects Armenia
with Iran.
The press service of the Armenian government reported that the
resources will particularly be used with the aim of constructing
the horizontal curves and slopes of the Kapan-Tsav section of the
road to meet the requirements of the third technical level. Under
another decision, the government has allocated 620m drams [1.6m
dollars] from its budget for the contractors to compensate
the higher prices on asphalt. The deadline for the end of the
Meghri-Shvanidzor-Verishen-Tsav-Kapan road construction has been
extended to 15 September 2007.
The construction of the road in 2005. Its full length is 91.8 km. The
government has allocated about 13bn drams (35m dollars) from its
budget for the construction. The new road will substantially improve
traffic capacity.
From: Emil Lazarian | Ararat NewsPress