PRIME MINISTER OF ARMENIA: ASIAN DEVELOPMENT BANK APPROVES PROGRAMMES ON IMPLEMENTATION OF THE PROJECT OF CONSTRUCTION OF YEREVAN-BATUMI MOTORWAY
ArmInfo
2009-07-15 14:15:00
ArmInfo. Asian Development Bank (ADB) has approved all the programmes
concerning implementation of the project of construction of Yerevan-
Batumi motorway, Prime Minister of Armenia Tigran Sarkisyan said in
Yerevan today responding to ArmInfo’s question.
According to him, during the recent visit to Armenia, President
of Georgia Mikheil Saakashvili assured of the interest of official
Tbilisi in implementation of this project. Moreover, the Georgian
party also reached a consensus with ADB. The delegation of the Armenian
specialists will leave for Georgia during the next 10 days to discuss
the technical details.
Negotiations will be held in the Economy and Transport Ministries. ‘We
have a political consensus with both the Georgian partners and
ADB. There are also financial sources for the project implementation’,
T. Sarksiyan said.
It is envisaged that this motor way will allow to reduce the
distance from Yerevan to Batumi by 4-5 hours. To note, ADB is ready
to provide Armenia with credit to the total sum of about $140 million
in 2009-2010.