CONSTRUCTION RATES DECLINE IN YEREVAN
Noyan Tapan
Dec 8, 2008
YEREVAN, DECEMBER 8, NOYAN TAPAN. The global financial crisis will
have its impact on Armenian economy without fail, but today our
country is in a relatively good state, the deputy mayor of Yerevan
Karen Davtian said at the December 8 press conference. At the same
time he announced that the construction rates have declined in the
capital city, while the implementation of new construction projects
will depend on the overall situation. The urban development work, which
has already begun, will be completed in accordance with the schedule.
According to the deputy mayor, 7 big urban development programs
were implemented in Yerevan this year. These programs include
the transport node (100,150 meter long and 14 meter wide) of the
intersection of Heratsi, Koryun, Nalbandian and Charents Streets,
and the 280-meter tunnel from Abovian Street to Myasnikian Avenue,
which were put into operation.
K. Davtian announced that Myasnikian Avenue – Armenakian Street
and Sari Tagh – Khorenatsi Street transport node will be put into
operation by late 2008. Besides, according to him, in late December
two newly-constructed 10-story apartment buildings in Kanaker-Zeytun
community will be provided to residents of 4th degree accident-prone
buildings.
From: Emil Lazarian | Ararat NewsPress
