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
Since 2010 the EBRD, EIB and EU have contributed a total of €30 million for the improvements carried out in two phases.
NCFA said its participation in this major exhibition aims to promote Armenia’s tourism opportunities at the European markets.
Sixty-five percent of female billionaires are married, 10 percent divorced, 4 percent single and 21 percent widowed.
“A 10% credit portfolio upsurge was registered in the first 7 months of 2014, with the bank planning to bring the figure to $550M,” Sahakyan said.
Partner news