ARMENIA KICKS OFF NORTH-SOUTH CORRIDOR HIGHWAY CONSTRUCTION

PanARMENIAN.Net
September 13, 2012 – 14:25 AMT

PanARMENIAN.Net – Armenia has kicked off construction of the
North-South corridor highway at Yerevan-Ararat sector, with Transport
and Communications Minister Gagik Belgaryan, North-South Road
Corridor Investment Program SNCO Executive Director Ara Hovsepyan and
president of Spanish Isolux Corsan company Francisco Garcia attending
the ceremony.

This corridor highway will help Armenia strengthen its role as a
transit country, as the North-South will join the “southern gate”
of Meghri with Georgia’s Black Sea ports, Mr. Hovsepyan commented.

The project is estimated at $962 million, of which $500 will be
allocated by the Asian Development Bank.