The government at today’s meeting agreed to carry out major repair works on the Moskovyan street, sending 181 million drams from the balance of the accumulated funds from the privatization of state participation in the authorized capital of real estate, legal entities located in the territory of the administrative district of Yerevan.

The project presented by the mayor of Yerevan Taron Margaryan says that the Nashbandyan-Mashtots avenue of the Moskovyan street has not been renewed for about two decades, which causes concern in terms of safe traffic. The program proposes to completely repair this part of the Moskovyan street. The estimated cost of repairs is over 222 million drams.