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Government Releases Additional 3.3 Billion Drams For Earthquake Zone

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  • Government Releases Additional 3.3 Billion Drams For Earthquake Zone

    GOVERNMENT RELEASES ADDITIONAL 3.3 BILLION DRAMS FOR EARTHQUAKE ZONE

    /ARKA/
    April 20, 2010
    YEREVAN

    YEREVAN, April 20, /ARKA/. The Armenian government has released
    additional 3.3 billion Drams to finance construction of residential
    compounds in Armenia's second largest town of Gyumri and other towns
    and villages in the so-called disaster zone that was razed to ground
    by a 1988 earthquake, urban planning minister Vardan Vardanian told
    a news conference today.

    He said initially 1056 apartments had been planned to be build by
    May, but the date was postponed until June after president Serzh
    Sargsyan recently visited the area, instructing the ministry to pay a
    greater attention to connecting new homes to the natural gas network,
    installing heating systems and so on.

    The 2010 budget earmarks 24 billion Drams for the disaster zone. The
    minister said the extra release of 3.3 billion Drams will be spent to
    eliminate the shortcomings found by the president. Vardan Vardanian
    said also construction of schools will be launched in the area from
    mid-May.

    'We are planning to complete construction of housing for homeless
    people in 2013. Currently we have a list of 7,000 such families,'
    he said.

    The 1998 December 7 earthquake razed to ground Gyumri and Spitak, and
    over 100 rural communities, killing, according to government figures,
    25,000 people and injuring 140,000. Half a million people lost their
    homes. ($1- 394.24 Drams).
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