Yerevan Mayor Office and Latvian ''City Parking Service Systems'' concluded an agreement on long-term cooperation today, in order to introduce modern and reliable traffic management and security system in Yerevan.
“Yerevan City Parking Service Systems” Company set up on the basis of the agreement will focus on establishing and managing modern parking lots, Mediamax was told in the Yerevan Mayor’s Office Division of Information and PR.
The Latvian side is going to make about USD4mln investments in the capital which will be used for importing 450 stops and office equipment.
The special session of the Yerevan City Council of Elders decided to include 200 more buildings into the program for repairing facades, through distribution of profits and expenditures of the city's budget, and to allocate additional sums for reconstruction of Yerevan gully sewer.
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