 €15 million allocated to renovation of Yerevan subway system March 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 |  Latest news Protesters rally as Georgia debates 'foreign agent' bill  Georgian critics label the bill "the Russian law", comparing it to legislation used by the Kremlin to crack down on dissent.Former Pashinyan envoy urges end to Genocide speculation Marukyan has urged authorities in Armenia stop discussions about verifying the names of 1.5 million victims.Azerbaijan, Jordan sign deal on defense cooperation Azerbaijan and Jordan have signed an agreement on cooperation in the field of defense, according to an official statement.First Canadian expert join EU mission in Armenia The first Canadian expert to join the European Union’s civilian mission in Armenia has arrived in Armenia. |
