By Adonia Agayan YEREVAN, August 11 — Armenian Minister of Finance Tigran Davtyan and Constantin Sinadino, the head of the European Investment Bank division and Head of the Eastern Europe, Southern Caucasus, Russia & Central Asia Department, signed a loan agreement of €5 million for the implementation of the Yerevan Metro Rehabilitation Project. The loan [...]

YEREVAN (PanARMENIAN.Net), March 10–The European Bank of Reconstruction and Development (EBRD) will allocate 15 million euro to Yerevan underground railway reconstruction. The Armenian Minister of Finance Tigran Davtyan and head of EBRD Yerevan office Valeriu Razlog will sign a loan agreement on March 10, 2010. To increase the effectiveness of the reconstruction program, contracts on program [...]

YEREVAN (ARKA), February 9—Paylak Yailoyan, director of Yerevan’s metropolitan subway system, said last Friday construction of a new station to be located in the city’s Achapnyak district will kick off in 2011. He said the construction will be backed by a loan from the Asian Development Bank and a government allocation. Talks with the bank [...]