ARMENIAN EXECUTIVES APPROVE LIST OF GOVERNMENT-BACKED CONSTRUCTION PROJECTS

ARKA
June 5, 2009

YEREVAN, June 5. /ARKA/. Armenia’s executives approved on Thursday
the list of government-backed construction projects worth 300mln drams.

During the government discussions, RA Finance Minister Tigran Davtyan
said the government is to finance those projects by end-2009.

"While making the list, the government did not take into account
whether those projects had been included in the 2009 state budget
program or not," the minister added.

Scheduled construction works are under way and the projects,
Davtyan said.

Cultural, educational, sports, healthcare facilities, arterial roads,
as well as apartments for families left homeless after the 1988 quake
have been included in the list.