Expenses in transport sphere to be reduced by 12% in 2010
Under 2010 State Budget, expenditures in transport a will make up AMD 34 billion instead of the AMD 38.8 billion envisaged for 2009. This is a 12% decrease in comparison with current year, Transport and Communication Minister Gurgen Sargsyan told a press conference in Yerevan.
Next year's budget mainly envisages reconstruction highways of state importance. Allocations to be made for that purpose will comprise AMD 2 billion. The sum will be spent on repairing and building roads with a total area of 63 km., as well as reconstructing transport facilities, particularly 8 bridges. "ADB-funded road reconstruction program will continue in 2010. As a result, we'll put in commission reconstructed rural roads with a total area 118-120km. Expenditures will make up AMD 4 billion," Minister said.
At that he noted that the second, World Bank-funded road reconstruction program costing AMD 18.8 billion will be launched in 2010 for repairing roads with a total area of 100 km.
Minister also informed participants about another key program aimed at construction of south-north corridor. Budgetary allocations for this program will comprise $60 million.
In addition, Minister said that $70 million rural road reconstruction program is currently being negotiated with a Chinese company. "Negotiations will be followed by signing of agreement, and very probably, this program too, will be launched in 2010," Sargsyan said.
Next year's budget mainly envisages reconstruction highways of state importance. Allocations to be made for that purpose will comprise AMD 2 billion. The sum will be spent on repairing and building roads with a total area of 63 km., as well as reconstructing transport facilities, particularly 8 bridges. "ADB-funded road reconstruction program will continue in 2010. As a result, we'll put in commission reconstructed rural roads with a total area 118-120km. Expenditures will make up AMD 4 billion," Minister said.
At that he noted that the second, World Bank-funded road reconstruction program costing AMD 18.8 billion will be launched in 2010 for repairing roads with a total area of 100 km.
Minister also informed participants about another key program aimed at construction of south-north corridor. Budgetary allocations for this program will comprise $60 million.
In addition, Minister said that $70 million rural road reconstruction program is currently being negotiated with a Chinese company. "Negotiations will be followed by signing of agreement, and very probably, this program too, will be launched in 2010," Sargsyan said.
