Iranian Banks Too

IRANIAN BANKS TOO

Lragir.am
13/01/10

The minister of Transport and Communication of Armenia Gurgen Sargsyan
during his meeting with the Iranian ambassador Meyed Ali Saghaiyan
noted that the Asian bank announced about the allocation of 500
million of loan for the construction of the "North-South" highway.

The first faze of work supposes for the reconstruction of
Yerevan-Ashtarak interstate road as well as other works relating to
the road security on Yerevan-Ararat highway. The minister noted that
the technical study of the North-South highway will be made this year.

The Iranian ambassador stated that Iranian organizations are also
interested in the construction of the North-South highway. The
ambassador did not rule out that Iranian banks will participate in
the finance of construction of some parts of the road.

Dwelling on the Iran-Armenia railway construction, Gurgen Sargsyan
informed that in April most likely the winner company will be known
after which the construction will start.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS