Skip to main content

Iran-Armenia highway project agreed

A new Iran-Armenia highway project has been agreed.
By MJ Woof November 9, 2023 Read time: 1 min
A new highway stretch will improve transport between Iran and Armenia – image courtesy of © Marko Bukorovic|Dreamstime.com

A new highway stretch will help to improve transport connections between Iran and Armenia. The governments of the two nations signed an agreement for the construction of a 32km highway stretch between the two countries. Building the new highway is expected to cost US$214.6 million.

The project will be complex due to the geography and topography of the area, requiring the construction of 17 bridges and two tunnel sections. In addition, the work will include building six overpasses and five interchanges.
The project is due to commence at the end of 2023 and should take 36 months to complete. The new highway stretch will reduce journey times and improve safety for drivers over the existing road connections.

 

Related Content

  • EIB supporting Finnish PPP highway project
    June 17, 2015
    The European Investment Bank (EIB) is providing financial support for a key Finnish highway project, which will be run on a PPP basis. The EIB is providing a €102 million long-term loan to finance the construction of a 32km highway stretch between Hamina and Vaalimaa in Finland. This section will be built on a public-private-partnership (PPP) basis. Using this model is expected to reduce the construction cost and also shorten the time needed to complete the work in comparison to a conventional procurement p
  • ADB loan for Armenia-Georgia highway
    November 4, 2016
    Approval for a US$50 million loan to develop a highway stretch in Armenia has been given by the Asian Development Bank (ADB). The loan will be used to upgrade the M6 Highway from Vanadzor in Armenia to the country’s border with Georgia at Bagratashen. The route is one of the most strategic roads for internal and external trade for landlocked Armenia while it also lies close to the country’s border with Azerbaijan. The upgrading of this highway will also provide an important link to the Black Sea Ring Road p
  • Major Russian road and bridge projects
    September 27, 2021
    Major Russian road and bridge projects are being planned.
  • Colombia road project is restarting
    September 27, 2024
    A Colombian road project is soon to be restarting.