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Tuesday, 16 November 2010

North - South Road Corridor investment program governing council meeting





The North - South Road Corridor investment program governing council met in the Office of Government, chaired by council head, Prime Minister Tigran Sargsyan.

The meeting looked at the bids invited for the procurement of reconstruction works for 11.71 km-long Yerevan – Аshtarak road section, which is part of the North - South road corridor.

The Council next discussed the Memorandum drafted by the October 25 - November 4, 2010 mission of the Asian Development Bank concerning the phased financing instrument for the North - South Road Corridor investment program and approved it together with the proposals and comments submitted by council members.

The project of Ashtarak-Тalin road section was submitted in the framework of the second tranche of the program.

Pleased with the current status of the program, as a whole, the Prime Minister charged PIU chief executive director Felix Pirumyan to submit a reference note with exact assessment of all variants of work implementation.
 

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