Yerevan subway to be enlarged

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Economy

08.04.2008, 03:12

Enlarging Yerevan subway is a priority of the capital’s transport development plan for 2008, Yerevan Mayor Yervand Zakharyan said.

YEREVAN, April 7. /ARKA/. Enlarging Yerevan subway is a priority of the capital’s transport development plan for 2008, Yerevan Mayor Yervand Zakharyan said. “Transport network is a small one in Yerevan. There is no alternative to enlarging the subway network,” the Mayor told a Monday news briefing.

The Armenian Government allocated a subsidy of AMD 1.7bln for additional preparation efforts. Zakharyan said the Mayor’s Office is currently assessing the state of incompletely constructed subway stations to set a corresponding action plan. They are negotiating with the World Bank now to get a loan for the construction of new subway stations.

As Zakharyan had earlier said they expected to get $60mln from the World Bank.

Yerevan subway was founded in 1981. With ten stations operating currently its total length is 13.4 kilometres. ($1 – AMD 308.31). N.N.—0--

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