ARMENIA SEARCHING MEANS FOR YEREVAN-BATUMI HIGHWAY CONSTRUCTION

/PanARMENIAN.Net/
29.07.2009 18:01 GMT+04:00

/PanARMENIAN.Net/ A certain progress has been registered in
Yerevan-Batumi highway construction issue.

As RA Transport and Communication Minister Gurgen Sargsyan told a news
conference today, Xiaoyu Zhao, Vice President of Asian Development
Bank has recently visited Armenia to discuss a number of transportation
issues, specifically Yerevan-Batumi highway construction.

Negotiations are conducted with ABD as well as other interested parties
for highway construction funding provision. The exact sum of project
funding has not been yet determined as project feasibility study
is currently is process. Upon study construction, financing issues
will be discussed in more detail, RA Transport and Communication
Minister stated.