Who Will 'Manage' the Speed Camera and Surveillance System? Changes Are Expected: 'Fact'

'Fact' newspaper writes: 'It appears that one of the main 'brands' of the 2018 change of power is the redistribution of property or businesses. During this time, there have been regular reports that officials or affiliated businessmen are acquiring new businesses or assets. This process, as they say, is ongoing... Recently, it became known that Alexander Zakaryan, the founder of 'Security Dream', was arrested on charges of fake entrepreneurship.

Recall that this company is responsible for the installation and maintenance of speed cameras and surveillance cameras that ensure road safety in Armenia. According to 'Fact' newspaper, interesting developments are expected concerning this entity in the near future. Our well-informed sources report that there is a desire to transfer the 'management' of this sector to oligarchs close to the government. The new entity dealing with speed cameras and surveillance will have 2-3 shareholders who will take on specific roles. According to our sources, significant investments are planned, including the acquisition and installation of new speed cameras and surveillance systems. In addition to increasing the number, new strict measures are also anticipated to promote a more effective return on investments. Specifically, our sources indicate that there are discussions about reducing the margin of error for speed cameras from 10 km to 2 km.'

For more details, see today's edition of the newspaper.