PressAM

The perfect balance on news and information

construction

Business Social Media

“Armenian National Center’s Aryan Bank Nears Completion, Minister Aghajanyan Shares Enthusiasm for Smart and Aesthetic Design”

Construction of the Armenian National Center’s Aryan Bank set to be completed this year, according to Minister of Healthcare Anna Aghajanyan. Creative design and comfort for people emphasized in project.

Business Local News

“Flooding Crisis Strikes Yerevan: Millions Wasted on Sewage System Failure”

Yerevan Municipality’s budget for sewerage and communal networks grew to 1.1 billion drams in 2023, with completion of 89.9% of planned works. However, delays led to city flooding and property damage, raising concerns for the transparency of the project. The mayor’s spokesperson confirmed that funds were redirected to the drinking water supply system instead of sewerage, but acknowledged the need for system upgrades. The municipality proposes renegotiating contracts to redirect funds for development projects, a method yet untested in similar situations abroad.

Business Opinion Politics

“Former Prime Minister Hrant Bagratyan Slams Pashinyan’s Lack of Understanding in Construction and Civil Defense”

Former Armenian Prime Minister warns of the negative consequences of tax reform, stating that Prime Minister Pashinyan doesn’t understand the construction or civil defense sectors. Bagratyan emphasizes the need to expand the tax base for an independent tax system, but predicts taxation will become unbearable for businesses and individuals.

Education Local News

“Minister of Education Announces Plans for Construction of New School and Temporary Relocation for Students”

Minister of Education mentions plans for a new school building during budget discussion. Security measures will be taken to ensure safety. Residents’ preferences will be prioritized.

Around the Globle

“Department of Highway Infrastructure prioritizes pedestrian safety with installation of concrete slabs for M-6 highway construction”

Concrete slabs installed along M-6 highway to enhance pedestrian safety, confirms Department of Highway Infrastructure. Debed River tunnel completion prompts construction measures.

Government Politics

“Government Commences New Road Construction to Address Transportation Demands: AMD 9,613 Million Allocated”

The government will construct a new road on May 23 to facilitate transportation for construction materials and equipment. It will allocate AMD 9,613 million for necessary documents and surveys.

Around the Globle

“Introducing Mr. Armen Harutyunyan: Armenia’s New Acting Minister of Construction and Urban Development”

Introducing the new Minister of Construction and Urban Development, Mr. Armen Harutyunyan. Tigran Avinyan announced it during the Yerevan Municipality Government meeting, inviting Harutyunyan to contribute to ongoing construction. Congratulations and hopes for great results were expressed by Avinyan. 75,000 out of 104,000 planned jobs have already been completed, with a request for efficient work and contracting with one person to finish the rest.

Culture Local News

“Yerevan’s Botanical Garden to Honor Fallen Heroes of Artsakh Liberation War with Illuminating Memorial Park”

A new memorial park is being built in Yerevan’s botanical garden, dedicated to the heroes of the Artsakh Liberation War. The park will cover 30 hectares. See visuals for more information.

National Politics

“Concerns Mount Over National Security as Armenian NSS Accused of Russian Interference”

Discussions on national security and the “Eternal Flame” monument have begun. The Armenian NSS is under scrutiny for its ties to Russian interference, as they have connections and education from Russia. Learn more about this in today’s “Hraparak” newspaper.

Around the Globle

Armenia Shifts Focus on Energy Security, Considers Nuclear and Solar Power Amid Concerns Over Gas Dependency

Learn why the construction of a new gas pipeline with Iran is not being discussed in Armenia at the moment. Find out the challenges of importing Russian and Azerbaijani gas. Discover how Armenia plans to increase its energy security through nuclear, solar, and hydrogen energy.