Yerevan’s Ajapnyak metro station to take four years to complete, financing still unclear

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YEREVAN, July 1. /ARKA/. It will take four years to complete Ajapnyak, a new station for Yerevan’s metro, although the sources of financing remain unclear, City Mayor Tigran Avinyan reported on Monday./pp

A total of six billion AMD is planned to be spent on constructing the station. “However, this won’t be enough,” he said./pp

Advisor to the mayor Aneta Babayan responded that discussions with the Ministry of Finance concern the approval of the program by the Investment Committee, after which the required amount of funding will be determined and the practical stage will begin./pp

She reported that all possible risks and current deviations are being discussed, and a more detailed schedule for 2024-2025 is being developed, which will depend on the final approval of the funding source./pp

Discussions with the Investment Committee are planned to be completed by August of this year, the environmental impact factor is being analyzed (will be completed in October), then a period of state comprehensive examination is planned, which will take place in 2025. Upon completion of all tender processes, the construction is expected to start approximately in mid-2025./pp

It was reported earlier that the station in question will require $50 million to complete. The station will be projected by the Russian Metrogiprotrans company./pp

Yerevan’s metro was opened in 1981. It currently has 10 stations; its newest station Charbakh was unveiled in 1996./pp br/pp br/p br