U.S. $300M REQUIRED FOR UNDERGROUND STATION

news.am
Nov 10 2009
Armenia

The construction of new Underground stations in Armenia is a rather
complicated project for such a small country as Armenia, Press
Secretary of Yerevan Underground Ninel Vardanyan told NEWS.am.

The construction of one station requires U.S. $300m, and the Armenian
Government cannot afford it. Vardanyan said that the project can only
be funded by the World Bank and other international donors.

At present, under the RA Government’s 5-year program underground
stations are renovated, new doors and turnstiles are installed.