EIB ready to discuss North-South transport corridor funding tranche 3

EIB ready to discuss North-South transport corridor funding tranche 3

PanARMENIAN.Net - On August 8, Armenian Minister of Transport and Communications Gagik Beglaryan met with European Investment Bank (EIB) director of planning and settlement of operations Heinz Olbers.

Minister Beglaryan commended EIB for the cooperation, stressing the need for speeding up preparatory works for Armenia-related programs.

Issues related to the schedule of technical analyses and preparatory works were further discussed.

EIB expressed readiness to allocate USD 50 mln. to repair Vanadzor-Bagratashen 92 km highway (border with Georgia).

Mr. Olbers accepted Minister Beglaryan’s proposal on speed-up of Armenia-related programs, with EIB voicing readiness to discuss North-South transport corridor funding tranche 3.

 Top stories
Ameria’s management staff, partners and public agencies, as well as local and int’l organizations are participating in the Oct 14-15 master classes.
In 2014, Ameriabank expanded its range of retail services with new offers, also providing more flexible and transparent terms of service.
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.
Partner news