ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan and Executive Director of Corporacion America S.A. Martin Eurnekian have signed the fifth amendment to the concession agreement for the management of Zvartnots International Airport in Yerevan. The primary highlight of the document is a significant extension of the management term. Under the new terms the concession period is extended by more than 40 years. The agreement will now remain in effect until December 31, 2067.
According to the government press service, the parties emphasized the significance of the constructive negotiations on the fifth amendment to the airport concession agreement for future cooperation. The meeting also addressed projects involving the former Ministry of Foreign Affairs building, located on Republic Square.
Deputy Prime Minister Grigoryan also emphasized the strategic importance of Corporacion America S.A.'s investment programs across key regions in Armenia.
