  USD120 million to be directed to North-South Corridor construction in 2010.January 14, 2010 - 17:23 AMT PanARMENIAN.Net - The Government of Armenia approved "Investment Program on North-South Road Corridor Construction" at the 14 January meeting .The total cost of the investment program, financed by Asian Development Bank, will reach USD 500 million and involves construction of Agarak-Kapan-Yerevan-Gyumri-Bavra highways and the road infrastructures. The construction of the corridor will improve the road link with Iran and Georgia, providing access to international destinations and markets. USD 120 million worth construction works are projected to implement in 2010. .   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news U.S. sees “extraordinary” opportunity for peace between Armenia, Azerbaijan  U.S. Secretary of State Antony Blinken believes there is an “extraordinary” opportunity to reach a peace agreement between Armenia and Azerbaijan.Viva: Armenia's leading technology company introduces a new trademark The updated brand Viva reflects a qualitatively new level of digital services.Turkey restoring 500-year-old Surp Sarkis Armenian Church During the program, Sahak Maşalyan, the Patriarch of Türkiye's Armenians, inspected the historic church and offered prayers.BSEC Secretary General due in Armenia on July 1 On July 1, the Secretary General of the Black Sea Economic Cooperation Organization (BSEC) Lazar Comanescu will pay a working visit to Armenia. |
