ROAD SECTIONS OF TOTAL LENGTH OF 250 KM TO BE REPAIRED WITH
STATE BUDGETARY RESOURCES IN ARMENIA IN 2009
31-10-2008 19:00:00 | Armenia | Economy
YEREVAN, OCTOBER 31, NOYAN TAPAN. The 2009 draft state
budget envisages allocating 15.97 bln drams to the ministry of
transport and communication. The minister Gurgen Sargsyan said
that this sum will be spent on major repairs of interstate,
republican and local roads.
Off-budget resources, for example, funds of the projects
financed by the Millennium Challenge Fund and the Asian
Development Bank, will also be used for road construction. Road
sections of the total length of 250 km will be repaired in 2009
with state budgetary allocations, and repairs of another 100 km
will be done with credit resources of the Asian Development
Bank.
According to the minister, funds of the Asian Bank and the
Millennium Challenge Fund are mainly spent on reconstruction of
rural roads. Under this program launched in 2008, all rural
roads must be linked to the nearby highway or the respective
regional center by at least one improved road.
In 2009, it is planned to repair the following interstate
roads: Yerevan-Meghri road, Yerevan-Gyumri-Bavra road leading to
the Georgian border, and Yerevan-Vanadzor-Stepanavan-Tashir and
Yerevan-Vanadzor-Bagratashen roads.