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NAMAG: AMERICAN FOUNDATION LINCY PROVIDES $71.5 MILLION FOR CONSTRUCTION OF ROADS IN ARMENIA

American Foundation Lincy provided $71.5 million for construction of roads in Armenia, Artashes Tumanyan, the head of president’s administration stated today at the press conference. He said that it is planed to restore 420 kilometers of roads in the republic in the frames of given program. More than 5 thousands workers involved in the construction of roads and «this number will grow».

He also said that agreements at the sum of $47 million are concluded with construction companies. 41.2 kilometers of roads are already putting into operation in the frames of given program.
Note Lincy foundation belongs to American Armenian Kirk Kirkoryan. November 20, 2000 RA government and Lincy foundation signed a memorandum on mutual understanding, which was ratified by the parliament in March 2001.

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