Monday, January 16 2023 13:16
Alexandr Avanesov

$350mln to invested in Zvartnots International Airport

$350mln to invested in Zvartnots International Airport

ArmInfo.A total of $350mln is planned to be invested in the Zvartnots International Airport, Deputy Minister of Territorial Administration and Infrastructures Armen  Simonyan said in parliament.

The funds will be invested in enhancement work at the airport. The  Public Investments Committee discussed the 5-year investment  programme proposed by the Armenia International Airports CJSC. 

As regards the ban on flights by Armenian airlines by the EU, Mr  Simonyan said that EU experts arrived in Armenia late last year and  recorded the progress by Armenian airlines. Thereafter, FlyOne  Armenia was allowed to carry out flights to EU member-states. 

Armenia ratified the European Common Aviation Area (ECAA) last  December and is supposed to adopt the EU aviation standards.