Asian Development Bank to provide 1 million dollar grant<br /> for feasibility study on Iran-Armenia railway construction<br /> project<br />


Asian Development Bank to provide 1 million dollar grant
for feasibility study on Iran-Armenia railway construction
project

  • 21-12-2009 19:54:00   | Armenia  |  Economy
YEREVAN, DECEMBER 21, NOYAN TAPAN. The Asian Development Bank has already agreed to provide a one million dollar grant for a feasibility study on the Iran-Armenia railway construction project, RA Minister of Transport and Communication Gurgen Sargsyan said at the December 21 press conference, adding that an international tender to choose a consulting company will be announced in early 2010, and the feasibility study will begin in the spring. In his words, the Iranian side also expressed a willingness to finance the project. As for the work done in the communication sector, G. Sargsyan said that three companies: ArmenTel, VivaCell, and Orange Armenia (since November 5) provide mobile services in Armenia at present. The indicated companies were among the top ten on the list of biggest taxpayers in the country. It was mentioned that Television and Radio Broadcasting Network of Armenia CJSC has modernized the television broadcasting network of Vayots Dzor marz this year, thanks to which the quality of broadcasting services has improved in several communities, including Getap, Chiva, Rind, Aghavnadzor, Arpi and Elpin.
  -   Economy