RECONSTRUCTION OF RURAL ROADS TO START IN 4 ARMENIAN MARZES<br /> IN COMING DAYS<br />


RECONSTRUCTION OF RURAL ROADS TO START IN 4 ARMENIAN MARZES
IN COMING DAYS

  • 09-09-2008 13:00:00   | Armenia  |  Economy
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. On Septemer 8 the RA National Assembly ratified the agreement signed in 2006-2007 between the RA ministry of finance and economy and the Asian Development Bank on small-scale technical assistance for organization of a feasibility study on the rural road reconstruction program. According to the RA minister of transport and communication Gurgen Sargsian, the small-scale technical assistance amounts to 150 thousand dollars. During a talk with NT correspondent, G. Sargsian said that the major credit program financed by the Asian Development Bank envisages repairs of a total of 220 km of 10 roads in Kotayk, Ararat, Gegharkunik and Armavir marzes. The amount of the main credit makes 30.6 million dollars. The Asian Development Bank hired an advisor who has done preparatory work on the credit allocation and the technical task of the rural road reconstruction program, as a result of which the indicated road sections have been included in the major credit program financed by the bank. An additional sum of 150 thousand dollars has been allocated as a second technical assistance, thanks to which the design work for reconstruction of these roads was implemented. The minister said that the implementation of the program will be launched in the coming days, immediately after the start of the financing. The main stages of the program's preparation have been completed. There are some small technical problems that are being agreed on with the Asian Development Bank at the moment. It is planned to repair 109 km of road sections at the first stage of the program. The program is envisaged to finish in 2010.
  -   Economy