  Construction of Vanadzor-Fioletovo railroad to be launched in autumn 2011January 25, 2011 - 18:32 AMT PanARMENIAN.Net - Armenian Minister of Transport and Communication Manuk Vardanyan said that construction of a new railroad - Vanadzor-Fioletovo - will be launched in Lori region of Armenia in 2011. The results of its feasibility study will be summarized in April-May, while the construction works will start in autumn, Vardanyan told a press conference in Yerevan on January 25. According to him, construction of a new 31.2km-long section of the railroad is among priorities of the Ministry and its cost is estimated to make $100mln. Vardanyan said that around $49mln will be allocated from the Anti-crisis Fund to South Caucasus Railways CJSC, while Russian investments will make the rest sum.   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 |  Latest 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. |
