  $30-Million Credit to Be Provided for Modernizing Zvartnots AirportJuly 8, 2006 - 15:45 AMT PanARMENIAN.Net - To modernize Zvartnots Yerevan Airport the European Bank for Reconstruction and Development (EBRD) and German Investment and Development Company (DEG) will provide a credit of $30 million. According to Press Secretary of the Central Board of Civil Aviation of Armenia Gayane Davtyan, the credit will be mostly spent at enhancing passenger service quality.According to a contract between the Government of Armenia and Argentinean Corporation America, Zvartnots Airport was conveyed for concession management of International Airports Armenia company. The latter plans to invest $253 million within 30 years, which will result in the airport acquiring B category instead of the current D. $63 million will be spent on construction works of the terminal, which will annually serve 2 million passengers. By 2011 it is planned to build a registration hall, after which the function of the current airport will be met in the new building, reports IA Regnum.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Related sections Latest news Cyprus parliament honors Armenian genocide victims  Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed.Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham).Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills |
