Armenian President Serzh Sargsyan and Yerevan Mayor Gagik Beglaryan attended the opening ceremony of three-level underground parking in Liberty Square.

“Construction of parking lots should continue, as the center of the city is overloaded with traffic in the evenings. Similar parking lots will be soon built in Aznavour and Sakharov Squares,” Mayor Gagik Beglaryan said.

As to the parking price, he said it hasn’t been determined yet but will presumably make from AMD100 to 500.

The mayor also informed that construction of a cycle park will be launched nearby Admiral Isakov Square in the near future.