Site mobile version already available! Try it!x

Archive

Partner News


Maximum speed at Armenia’s North-South Highway will be 100 km/h

Maximum speed at Armenia’s North-South Highway will be 100 km/hApril 27, 2012 | 16:38

YEREVAN. – The North-South Highway Corridor will be Armenia’s first concrete motorway, with a 550 km stretch. Armenia’s Transport and Communication Minister Manuk Vardanyan stated this, at a press conference on Friday, during a briefing after the signing of the Highway’s construction contract with Chairman Francisco José García Martín of the Spanish Corsán-Corviam Construcción S.A. Company. 

The Highway will stretch from the Armenian-Iranian border to the Armenian-Georgian boundary.

As Armenian News-NEWS.am informed earlier, Corsán-Corviam Construcción S.A. Company won the tender for construction of the three sections of the North-South Highway Corridor in Armenia. The Armenian Government authorized on Thursday the Transport and Communication Minister to conclude a contract with the Company. The contract amounts to US$ 250 million, and the project is financed by the Asian Development Bank (ADB). According to PM Tigran Sargsyan, the overall investments for the project amount to $1.5 billion.

In his turn, Francisco  García Martín told news reporters that they consider the project in Armenia to be very important and a serious challenge.  

According to Ara Hovsepyan, Executive Director of the North-South Highway Corridor, an average of $2.7 million is envisioned for the upgrading or expansion of each kilometer of the Highway. Also, underpasses will be built for the safe crossing of livestock.         

The constructions will start in 2-3 weeks.  

 


News from Armenia - NEWS.am

Thank you for your comment. Your comment must be confirmed by the administration.

Related News

... last news on "Transportation"

... last news on "Social and Economic Situation in Armenia"
Latest News

All news...  

All news...  

All news...  

All news...  

All news...