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Directorship Of Armenian Motorways To Perform Functions Envisaged By

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  • Directorship Of Armenian Motorways To Perform Functions Envisaged By

    DIRECTORSHIP OF ARMENIAN MOTORWAYS TO PERFORM FUNCTIONS ENVISAGED BY RURAL ROAD RECONSTRUCTION PROGRAM

    Noyan Tapan
    Jan 15 2007

    YEREVAN, JANUARY 15, NOYAN TAPAN. An implementation agreement was
    signed between the Millennium Challenge Account - Armenia (MCA-Armenia)
    and Hayavtochan (Directorship of Armenian Motorways) state non-profit
    organization, according to which MCA-Armenia intends to implement the
    Rural Road Reconstruction Program through Hayavtochan. The agreement
    was signed for 5 years, its cost makes 1 million 87 thousamd USD.

    Within the framework of the agreement Hayavtochan will perform all
    the functions necessary for a timely and successsful implementation
    of the Rural Road Reconstruction Program.

    The MCA - Armenia Program (it total cost makes 236 mln USD) envisages
    rural poverty reduction through a sustainable and continuous growth of
    economic indices in the rural sphere. 67.1 mln USD will be allocated
    for reconstruction of 943 km of rural roads under the program.
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