YEREVAN-BATUMI MOTORWAY TO BE RECONSTRUCTED<br />


YEREVAN-BATUMI MOTORWAY TO BE RECONSTRUCTED

  • 06-10-2008 19:00:00   | Armenia  |  Economy
YEREVAN, OCTOBER 6, NOYAN TAPAN. During the recent official visit of the Armenian president to Georgia, an agreement was reached to reconstruct Batumi- Akhaltskha -Akhalkalak - Gyumri - Yerevan motorway. The RA minister of transport and communication Gurgen Sargsian said at the October 4 meeting with reporters that the motorway will be shorter by 30% than the current road. The length of current Yerevan-Batumi road is 700 km, while the new one will be 450-km long. The minister announced that the presidents of two countries instructed the competent officials - the Armenian minister of transport and communication and the Georgian minister of economy to organize a meeting within the next two weeks in order to dicsuss the issues related to the motorway's construction. It was mentioned that the reconstruction work will be funded by international financial organizations, and the Asian Development Bank takes a special interest in the project.
  -   Economy