MARMARIK RESERVOIR RESTORATION LEFT INCOMPLETE DUE TO DOLLAR DEPRECIATION
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YEREVAN, JULY 4, NOYAN TAPAN. On July 2, RA Prime Minister Tigran
Sargsian visited Marmarik reservoir in the RA Kotayk region, which has
not been used from the moment of its construction, after 1974, as its
stronghold slided down a few days before filling the water into the
reservoir. The stronghold top that had 350 meters length slided down to
13.5 meters. And approximately 500 thousand cubic meters earth mass
moved. Stronghold repairs started from 2006.
Andranik Andreasian, the Chairman of the Water Economy State Committee
of the RA Ministry of Territorial Administration, told the Prime
Miniser that at present Marmarik reservoir poses certain danger for
people living below it. According to A. Andreasian, it was one of the
main reasons, the reservoir restoration was involved in the World Bank
(WB) Stronghold Security Program, within the framework of which
reservoir’s stronghold was to be restored. The projecting finished in
2005. The construction contract was signed on August 31, 2006 and
according to the program, the construction is envisaged to be finished
within 24 months, in 2008, but it has been left incomplete due to the
lack of funds as a result of dollar depreciation.
According to Andreasian, at that time the construction contract cost
was 4bn 568m 779 thousand drams, that is, 11.521.609 dollars. The
allocated funds have been spent, but a new calculation is needed to
finish the rest work.