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Eurnekian's Company to Spend $12 Million to Upgrade Zvartnots Airport Runway

Armenia International Airports CJSC says it will spend $12 million to upgrade the runway at Yerevan’s Zvartnots Airport.  

The company, a subsidiary of Corporación America (which is owned by Argentine businessman Eduardo Eurnekian), was granted a 30-year concession deal for the management of operations at the airport in 2001.

The runway dates to 1963 and was renovated in 2003-2004.

The company says the runway will comply with the highest of  international standards.

Work begins tomorrow and will last for 45 days.

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