Government approves drafts on re-equipment of cultural institutions

The Armenian government approved today the draft credit agreements between the Republic of Armenia and Erste Bank for financing the Re-equipment of Aram Khacahtryan Philharmonic Concert Hall program.

The government also approved a 7 million-euro draft agreement between Armenian Ministry of Culture and three Austrian companies on technical, acoustic and lighting re-equipment of Yerevan’s Sundukyan National Academic Theatre and a 2 million-euro draft agreement on re-equipment of Armenia’s State Philharmonic Orchestra.

It is planned to finish technical modernization of these cultural institutions by August 2015.