Italian firm to invest $33 million in construction of key Yerevan roadDecember 4, 2017 - 17:01 AMT PanARMENIAN.Net - The Italian company Tirrena Scavi will invest about $33 million in the construction of a road which is part of a new bypass around the Armenian capital city of Yerevan. According to a statement from the government, a contract with the firm is set to be signed by the end of the year, while construction will begin in the spring of 2018. The section will be 10 km long and 24m wide, with three tunnels, at least four lanes and a LED lighting system, The issue was discussed at a meeting with prime minister Karen Karapetyan on Monday, December 4. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |