ArmInfo. In 2017, the capital investments in Yerevan Municipality will form about AMD 171 bln. For comparison, in 2016 for urban amenities in Yerevan there had been allocated AMD 125 bln assets, 5,2% of which - at the cost of communities budgets and other projects within the public-private cooperation. According to the information shared with ArmInfo at the press office of Armenian Government, Taron Margaryan, the Mayor, presented the works on Yerevan amenities arrangements to Prime Minister Karen Karapetyan during their meeting on February 22.
Yerevan Mayor informed the Prime Minister that for the years of 2013-2016 the income of Armenian capital grew for 16,4% or for AMD 3 bln in monetary terms . The share of Yerevan revenues in all the volume of the incomes of Armenia forms 56,7 %, and the per capita in Armenia is AMD 18 000. " Within the purpose of investments environment development, the Municipality has published about 45 investment proposals in the sectors of urban development, tourism, transport and other spheres. The investments volume estimated forms about USD 600 mln, the Mayor mentioned.
During the meeting, the Government head offered to hold common discussions, to estimate the load, to capsulate the budget and to decide following steps. "I do clearly understand that your resources are restricted, but we have to determine everyone's responsibilities, and to decide our future steps proceeding of that. What we have to do is to borrow long-term financial assets within upcoming 10-15 years, and to solve the problems.
Mentioning the importance of the construction activation, the Prime Minister stated: " We have to reanimate the urban development, and the municipality team should participate in the investments involvement process. It is necessary to pay attention not only to the quantity, but also to the content of those arrangements, " the Government Head stated, mentioning the importance of the works implemented to have a proper consequence.