No reasons to abolish contract with company constructing “North-south” highway, says Deputy Minister

YEREVAN, JULY 14, ARMENPRESS. The Spanish company Corsan Corviam has paid fines for insufficient quality of works, but there is no reason to abolish the contract with it, Deputy Minister of Transport and Communication of Armenia Artur Arakelyan told the reporters after Cabinet meeting on July 13, commenting on PM Abrahamyan’s dissatisfaction with the construction speed at Ashtarak-Talin section. Arakelyan informed that the company has returned 6 million USD out of the 70 million paid in the first tranche due to complains over the road smoothness.

“But those deviations were inside the frames of the contract and were regulated by it by imposing relevant fines. The PM has twice visited Ashtarak-Talin section were construction is underway in the sidelines of the second tranche. He was dissatisfied with the speed of the construction”, “Armenpress” reports Arakelyan saying. He added that the slowdown is mainly conditioned by subcontractors.