 Italian firm to invest $33 million in construction of key Yerevan road December 4, 2017 - 17:01 AMT PanARMENIAN.Net - The Italian company Tirrena Scavi will invest about $33 million in the construction of a road which is part of a new bypass around the Armenian capital city of Yerevan. According to a statement from the government, a contract with the firm is set to be signed by the end of the year, while construction will begin in the spring of 2018. The section will be 10 km long and 24m wide, with three tunnels, at least four lanes and a LED lighting system, The issue was discussed at a meeting with prime minister Karen Karapetyan on Monday, December 4.   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 Caring for nature, we have started with ourselves - Team Telecom Armenia  Team Telecom Armenia summarized the work undertaken within the company in the direction of environmental protection.Azerbaijani President travels to Moscow Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin.Residents of border Armenian villages continue protests Residents of several Armenian communities in Tavush province continued protests into April 22 morning.U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement Blinken said it is an important step towards concluding a durable and dignified peace agreement. |
