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Spanish company to repair North-South transport corridor

Spanish company to repair North-South transport corridor

PanARMENIAN.Net - On April 26, Armenian government confirmed the results of the international open contest on reconstruction of three construction sites of the North-South transport corridor implemented through co-financing of Asian Development Bank (ADB) at the amount of USD 250 mln. Corsán-Corviam Construcción, S.A. has been announced the contest winner.

“This is just one part of our program, the total cost of which grosses USD 1,5 bln,” Armenian Prime Minister Tigran Sargsyan said, adding that an interdepartmental committee with ADB experts has been formed on North-South transport corridor construction project.

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He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
“We have a simple problem:we prepare 400-500 specialists each year, while there is demand for 2000 professionals," he said.
At Shirak airport in the northern Armenian town of Gyumri, traffic soared by 150% in the reporting period against 2016.
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
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