May 26, 2007 - 16:42 AMT
New terminal opened in Zvartnots airport
From June 1 the passengers of Zvartnots International Airport will be offered services in a new waiting room. The solemn opening ceremony took place May 25 with participation of President Robert Kocharian, Catholicos of All Armenians Garegin II, Argentinean Armenian entrepreneur, owner of Corporation America, president of Zvartnots-Armenia International Airports Eduardo Ernekyan, government members, MPs, businessmen and diplomats.

"Today we are putting into operation the best passenger terminal in the region," Mr Eknekyan said adding that it's the initial $100-million part of the general investment program. $100 million will be additionally invested in the airport till 2010.

When addressing the audience President Kocharian said this construction will perfectly correspond to the image of developed and competitive Armenia. He also thanked Mr Ernekyan for the work done and wished him every success in the implementation of the second stage of the investment program.

The ERDB and the German Investment Development Company have granted a $30 million credit for a 7-year term for modernization of Zvartnots airport.