Thursday, April 4 2019 16:57

ArmInfo.Construction of the Alaverdi highway (Armenia) - the border of Georgia will be completed in November 2020. Deputy Minister of Transport, Communications and  Information Technologies of the Republic of Armenia Bagrat Badalyan  announced this on April 4 at the government meeting.

According to him, the restoration of a part of the 38 km highway, the  financing of which was carried out with credit funds of the European  Investment Bank, has already been completed. At the same time, 76  million drams were saved. The construction of another part of the  highway of 51 km, in the financing of which the Asian Development  Bank is participating, will require an additional 12.7 million drams  to be used to solve problems with the alienation of property. These  funds will be raised from saved resources. The Deputy Minister noted  that construction is strictly on schedule. There were some problems  associated with poor-quality canvas and the timing of the project,  but now these problems are eliminated. At the same time, there is no  need to attract additional funds from the state budget.

In turn, RA Prime Minister Nikol Pashinyan pointed out the importance  of conducting works of high quality and on time. He stressed that  generally companies close to the previous authorities won tenders for  road construction. And today they continue their activities in the  same way. As an example, Nikol Pashinyan pointed out the  Noemboyan-Voskepar road, which was to be commissioned at the end of  last year. But today it remains unfinished, and the already  constructed sections of the road are destroyed. According to the  Prime Minister, it is necessary to bring to justice those who have  committed such violations, and not limited to fines and pennies.

To note, the restoration and repair of the Alaverdi-Georgia border  are carried out with funds from two major financial institutions, in  particular, the Asian Development Bank, for which 3.4 billion drams  is planned, of which 2.2 billion drams are credit funds, and 1.2  billion drams - co-financing by the state. The second major investor  of the project is the European Investment Bank, under whose program  for 2018 3.17 billion drams were sent to repair and repair the  highway, including 2.4 billion drams as loan funds, and 816 million  drams in as government co-financing.

38.5 km of road repair works started in September 2016. The European  Investment Bank (EIB) and the Asian Development Bank (ADB) allocated  15.5 billion drams for the repair of the first section of the road.   Earlier it was planned that the work will be completed in March 2018.   The length of the second segment is 51 km. As a result, road repairs  will increase its level of safety and throughput. The program also  repairs bridges and tunnels.