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"NORTH-SOUTH" HIGHWAY CONSTRUCTION TO GET UNDER WAY IN 2010
Panorama.am
16:48 21/12/2009
The Asian Development Bank will allocate $500 mln. for the
implementation of "North-South" highway. $60 mln. will be provided
for conducting the first stage of works next year. The program is
estimated worth $ 962 mln., Armenia's Transport and Communication
Minister Gurgen Sargsyan told a press conference today.
Panorama.am recalls that Armenia and Georgia reached an agreement over
"North-South" in 2008 as the Armenian President Serzh Sargsyan paid
a visit to Georgia.
The German-Austrian ILF company has worked out a conception for
the implementation of "North-South" highway projects, while the
technical-economic survey was conducted by the Japanese "PADECO".
According to the minister, the "North-South" will cut Yerevan-Batumi
highway for 30%, we will get a 450km-long way, instead of the current
700km.
"The program is very important. It's of regional nature and will have
an economic significance to our country," G. Sargsyan said.
Panorama.am
16:48 21/12/2009
The Asian Development Bank will allocate $500 mln. for the
implementation of "North-South" highway. $60 mln. will be provided
for conducting the first stage of works next year. The program is
estimated worth $ 962 mln., Armenia's Transport and Communication
Minister Gurgen Sargsyan told a press conference today.
Panorama.am recalls that Armenia and Georgia reached an agreement over
"North-South" in 2008 as the Armenian President Serzh Sargsyan paid
a visit to Georgia.
The German-Austrian ILF company has worked out a conception for
the implementation of "North-South" highway projects, while the
technical-economic survey was conducted by the Japanese "PADECO".
According to the minister, the "North-South" will cut Yerevan-Batumi
highway for 30%, we will get a 450km-long way, instead of the current
700km.
"The program is very important. It's of regional nature and will have
an economic significance to our country," G. Sargsyan said.