Armenia searching means for Yerevan-Batumi highway construction

July 29, 2009 - 19:01 AMT
PanARMENIAN.Net - A certain progress has been registered in Yerevan-Batumi highway construction issue.



As RA Transport and Communication Minister Gurgen Sargsyan told a news conference today, Xiaoyu Zhao, Vice President of Asian Development Bank has recently visited Armenia to discuss a number of transportation issues, specifically Yerevan-Batumi highway construction.





Negotiations are conducted with ABD as well as other interested parties for highway construction funding provision. The exact sum of project funding has not been yet determined as project feasibility study is currently is process. Upon study construction, financing issues will be discussed in more detail, RA Transport and Communication Minister stated.
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