€15 million allocated to renovation of Yerevan subway systemMarch 27, 2018 - 16:59 AMT PanARMENIAN.Net - A Spanish firm, Agazos SL will carry out the engineering work under the second phase of the restoration of the subway system in Yerevan. The government is set to approve a draft decision at a cabinet session on Thursday, March 29. Under the project, the drainage tunnel will be reconstructed and expanded, while the metro tunnels themselves will be renovated. Also, the stations and service buildings will be upgraded, the subway cars will be restored and modernized, new fire-fighting equipment will be installed, and a center for the training of machinists will open. The European Bank for Reconstruction and Development and the European Investment Bank will provide loans of up to €5 million each, while the Armenian government will receive an EU grant in the same amount. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |