Asian Development Bank Is Interested In North-South Corridor

21:07:29 – 16/02/2009

On February 16 the minister of transport and communication Gurgen
Sargsyan met with the director of transport and communication of the
ADB’s central and western department Hong Wang. According to the press
secretary of the minister, Gurgen Sargsyan underscored the construction
of the North-South highway which will connect Armenia and Georgia and
enable cargo transit, as well as the possibility of construction of
the railway Iran-Armenia, noting that the Asian Development Bank is
also interested in it.

Hong Wang informed that the feasibility study of the North-South
corridor is included in the 2009 program of the Asian Development
Bank, for which the bank will allocate 1 million U.S. dollars. Hong
Wang said the competition for the consultant to the program is being
summed up. The consultant will start work from mid-April. As to
financing the construction of the corridor, the representative of
the bank offered financing it in several assignments.

From: Emil Lazarian | Ararat NewsPress

You may also like

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