Thursday, August 25 2016 15:48
Naira Badalian

Italian companies given license on preparing urban planning documentation within North-South project

Italian companies given license on preparing urban planning  documentation within North-South project

ArmInfo. Armenian government has  provided "Lotti Ingegneria S. p. A." and "AIC PROGETTI" (Italy)  companies a permission to conduct work on preparing urban planning  documentation within the North-South investment project. 

Minister of Transport and Communication of Armenia Gagik Beglaryan  informed that Italian companies have gotten permission on designing  bypass road of Gyumri and Gyumri-Bavra section. "Both companies have  design and technical-economic consulting certificates, issued by  Italian Engineering Association which verify that the companies have  relevant engineering capability to conduct such work", the Minister  informed. 

To note, The North-South 556km motorway will be laid via the  Armenians towns of  Meghri-Kapan-Goris- Yerevan-Ashtarak-Gyumri-Bavra  and enter the territory of Georgia on Akhaltsikhe-Batumi section,  which will settle some transport problems of Armenia.  This will be a  four-lane motorway of reinforced concrete extending from the Armenian  border and Iran to the Georgian port Batumi. The road corridor will  facilitate improving the road connection with the two neighbors of  Armenia: Iran and Georgia, providing access to international trade  routes and markets. Agarak-Kapan-Yerevan-Gyumri-Bavra road links the  South of the country with the North providing access to "Southern  Road Corridor" of Georgia which enables access to Poti and Batumi  ports or to the East towards Tbilisi. Armenia raised $500mln loan  from the Asian Development Bank for the project that is estimated at  $1 billion. Eurasian Development Bank is ready to provide $150  million. Armenia raised $60 million from the European investment  Bank.  Due to the project, the overland communication  Europe-Caucasus-Asia will be improved. The project will be completed  by 2019. It will allow Armenia to soften the consequences of the  blockade by Azerbaijan and Turkey and to join the Black Sea ring  highway.


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СПРОС (Покупка)

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Средневзв. Цена

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