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.

 Top stories
Iran’s Alireza Kameli said that an average of one million cubic meters of natural gas is currently being exported to Armenia.
According to Minister Yervand Zakharyan, about $220 million will be invested in the project; the agreement will be signed within four months.
Maufacturing of tobacco products increased by 49.1% to AMD 94 bn, with production of jewelry also climbing 61% to AMD 18 bn.
Net inflow of remittances to Armenia in the reporting period amounted to approximately $891,4 million, down by 35.8% remitted in 2014.
Partner news