A new road link for Armenia will help improve the country’s connections to its neighbours and provide a through-route for transport. Around US$967 million will be required to build the North-South motor road, with the work set to commence in 2014. The Armenian Government will contribute $100 million while funding will also be provided by the Asian Development Bank (ADB) and the European Investment Bank (EIB). Once the road is complete it will run through Armenia from the country’s borders with Iran and Geor
      
  
           
                          
                November 11, 2013
              
            
                          
                Read time: 1 min
              
                    
                A new road link for Armenia will help improve the country’s connections to ITS neighbours and provide a through-route for transport. Around US$967 million will be required to build the North-South motor road, with the work set to commence in 2014. The Armenian Government will contribute $100 million while funding will also be provided by the 943   Asian Development Bank (ADB) and the 1054   European Investment Bank (EIB). Once the road is complete it will run through Armenia from the country’s borders with Iran and Georgia, while the route is expected to be open to traffic in 2017.
      
     
     
         
         
        


