Spanish Company Wins Tender To Build North-South Road In Armenia

SPANISH COMPANY WINS TENDER TO BUILD NORTH-SOUTH ROAD IN ARMENIA

news.am
April 26, 2012 | 17:38

YEREVAN. – Spanish Corsan Corviam Construccion S.A. Company won the
competition on construction of three sections of North-South corridor
in Armenia.

The Armenian Government authorized on Thursday the Transport and
Communication Minister to conclude a contract with the Company.

The contract amounts to $250 million and the project is financed by
the Asian Development Bank (ADB). According to the PM Tigran Sargsyan,
the overall investments for the project amount to $1.5 billion.

Four Chinese and two Spanish companies have applied for parrticipation
in tender.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2012/04/27/spanish-company-wins-tender-to-build-north-south-road-in-armenia/

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