Armenia’s new road link to Iran and Georgia

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.
Road Structures

For more information on companies in this article

Related Content

  • New northern highway link for Pakistan
    September 23, 2014
    Pakistan is planning a project to construct a new northern highway connecting Havelian and Hassanabdal. The loans required to finance the project have been signed by both the government of Pakistan and the Asian Development Bank (ADB). The Havelian-Hassanabdal (Burhan) Expressway (E-35) project is for a north-south access controlled highway. This new link will connect the existing highway network with north Pakistan and the associated construction contracts are worth some US$200 million in all.
    Read More
  • New Zimbabwe highway upgrade being planned
    August 24, 2016
    Plans are in hand for road widening work and surfacing upgrades for a key route crossing Zimbabwe. The highway upgrade is being carried out by a joint venture partnership between Chinese firm China Harbour Engineering Company (CHEC) and Austrian Company Geiger International. This follows agreements being reached between the joint venture partners and the Zimbabwe Government. The work is needed as the existing road links along the route are unable to cope with that current traffic volumes that include a high
    Read More
  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More
  • A new loan will aid construction of a major link in Albania
    April 19, 2012
    In Albania the government is giving its approval for an €80 million (US$104.4 million) loan being provided by the European Investment Bank (EIB). The project is for the Fier bypass, which forms part of the Tirana-Vlora highway. The project has faced a series of delays since work commenced a number of years ago. However this new funding will help ensure the work is completed
    Read More

Highlighted Content