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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"There have been no new talks on gas exports to Europe, but there are routes and facilities which we need to use," Majedi said.
"We are particularly pleased by a 15 percent rise in lending to small and medium-sized businesses,” the bank’s financial director said.
It also signed 33 Reimbursable Advisory Service agreements with 11 countries in the region for a total amount of $45 million.
“Under a new deal to be signed, Russia is expected to provide a $300 million loan to extend the NPP’s service life,” Yervand Zakharyan said.
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