Skip to main content

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.

For more information on companies in this article

Related Content

  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
  • Tunisia is benefiting from key highway expansion
    November 28, 2012
    Work is underway in Tunisia on the westbound Highway from capital Tunis towards the Algerian border. This 60km link will run from the town of Oued Zarga to Boussalem and the work is being carried out by Italian contractor Todini and local company Soroubat. The bidding process for the 100km highway from Gabes to Medenine is now being opened, while bidding for the 92km road from Medenine to the Libyan border outpost of Ras Jedir opened in October 2012. Bids for the construction of the 61km of peripheral roads
  • Infrastructure development for key eastern nations
    March 11, 2016
    The Eurasian Development Bank (EDB) and the Asian Development Bank (ADB) are planning to help develop infrastructure in projects in Armenia, Kazakhstan, the Kyrgyz Republic and Tajikistan. From now until 2021, EDB will provide US$1 billion while the ADB will provide $2 billion. In addition, the banks have signed an agreement on additional co-financing of the construction of the North - South motorway in Armenia. EDB will provide $320 million for the project.
  • Paraguay bridge project completion date
    June 24, 2022
    A completion date has been set for a Paraguay bridge project.