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Master Plan Of Yerevan To Be Corrected In Accordance With Some Chang

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  • Master Plan Of Yerevan To Be Corrected In Accordance With Some Chang

    MASTER PLAN OF YEREVAN TO BE CORRECTED IN ACCORDANCE WITH SOME CHANGES IN ARMENIA'S ECONOMY

    ARKA
    Sep 28, 2011

    YEREVAN, September 28. /ARKA/. The master plan of Yerevan will
    be corrected in accordance with the recent six year's economic
    processes in Armenia, Petros Soghomonyan, chief of Yerevan Project
    Institute's division in charge of the master plan, said Wednesday at
    public discussion.

    The fifth master plan of Yerevan was approved by Armenian government
    in 2005, and its implementation was scheduled to be completed in 2020.

    It was planned to expand green spaces in Yerevan, construct two new
    avenues and zone the capital's districts.

    The implementation of the master plan was initially estimated to cost
    $5 billion, but this figure has grown five times since then.

    The architect said that correction is a natural process caused by
    some factors which prompted the government to order it.

    "The master plan was based on the then economic development projection
    that was very optimistic, since Armenia was intensely developing and
    building in 2005," he said. "Today things in Armenia's economy are
    in limbo, and we have no long-term development plan."

    Soghomonyan stressed that industrial zones were not changed while
    the plan elaboration was under way.

    "We thought then that small and medium industries resume operating
    sooner or later," he said. "Preservation of appropriate areas and
    infrastructures was needed for that. However, these zones never been
    used, since there were no particular industry development programs."

    Soghomonyan also said that in recent years a large-scale housing
    construction became sluggish because of the global financial crisis.

    "It was planned that 70% of new buildings would be multistory and 30%
    would be cottages, but changed things propelled individual construction
    and hobbled large-scale construction," he said.

    Among factors which prompted revision of the master plan Soghomonyan
    also pointed out reduction of Yerevan's territory by 340 hectares (some
    areas were moved beyond the city's boundaries), transition to local
    self-government and appearance of a new seismic security concept.

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