Thursday, January 18 2018 16:20
Naira Badalian

North-South is bursting at the seams: Works on Yerevan-Artashat sector restoration is promised to be finished at contractor`s expense

North-South is bursting at the seams: Works on Yerevan-Artashat  sector restoration is promised to be finished at contractor`s expense

ArmInfo. On the segment of the  transport corridor "North-South" - Yerevan-Artashat, which was  commissioned in late 2015, pits were formed, and in some areas -  cracks.  "The works on the restoration of this section of the highway  will be implemented at the expense of the contractor's company - it  is still in warranty service," Minister of Transport, Communications  and Information Technologies Vahan Martirosyan told ArmInfo on  January 18.

According to the minister, for today it is impossible to say that the  cracks and pits arose due to the poor performance of the contractor -  the Spanish "Corsan Corviam", even if we take into account that the  work, according to the actual estimate of $ 2 million per 1 km. road.  In this issue, as he pointed out, clarity will be on the results of  laboratory analysis. "To this day, according to the available  documentation, there were no shortcomings in the construction,"  Martirosyan said.

Earlier, ArmInfo informed, in the course of Yerevan-Artashat of the  transport corridor "North-South" in July 2017, cracks were found. At  the same time, Vahan Martirosyan stated that the service agreement  with the construction company of the Spanish "Corsan Corviam",  responsible for the 1st and 2nd tranches of the investment program,  was not completed, and the Ministry of Transport demanded  restoration. Meanwhile, the Spanish company became "famous" in  Armenia for its road "construction". It was "Corsan Corviam" in the  summer of 2016, former Prime Minister Hovik Abrahamyan called the  real evil for the North-South.  Abrahamyan stated about the financial  problems of the Spanish company and that the Ararat road is still "in  the problems and made poor".

In 2018, $ 47 million will be spent on the continuation of the  program for the construction of the North- South transport corridor.  The funds will be attracted in the form of loans from the Asian  Development Bank, the European Investment Bank and the Eurasian  Development Bank, another 2.8 billion AMD will be received in the  form of a grant from the European Investment Bank. The main front of  work next year will unfold on the 84 km of the highway, which  provides for laying 40-45 km concrete. The works, in particular, will  be carried out on the road section from the cities of Ashtarak to  Gyumri. As a result, the road from 2 lanes will expand to 4, and  instead of asphalt will be laid concrete.

Meanwhile, at the end of September 2017, Vahan Martirosyan, Minister  of Transport, Communications and Information Technologies of Armenia  reported that according to current calculations, the construction of  the entire 556-kilometer North-South highway stretching from Bavra to  Meghri will cost more than $ 2 billion, since it is only south  section, between the cities Artashat and Meghri, according to  preliminary estimates, will cost $ 1.5 billion. Five years ago, in  September 2012, when the construction of the highway began, the  amount called by representatives of the government of Armenia was  more twice less - $ 962 million. For today, 150.3 million USD and  23.14 million EUR is spent. At the moment, only a 31 km section has  been built and modernized, for which $ 70 million was spent. The rest  was directed to excavation work on the Ashtarak-Talin and  Talin-Gyumri sections. Also, work was carried out on concreting the  road at 11 km. The construction of the corridor was originally  planned to be completed in 2019. Already today it is officially  announced that the terms are postponed for more than 2 years.

Under the "North-South" program, the Armenian government calculated  the preliminary savings of $ 2.5 per hour for each passenger and $ 1  per hour for transporting a ton of cargo. As the authorities of  Armenia expect, the program will allow the country in the future to  mitigate the consequences of the blockade by Azerbaijan and Turkey,  to play the role of a transit state in the freight transportation of  the countries of the region, and also to join the Black Sea ring  highway.

POST A COMMENT
Input digits     


News
AraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan CanalAraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan Canal
Growth of economic activity in Armenia is due to unstable factors -  Luys Foundation Growth of economic activity in Armenia is due to unstable factors -  Luys Foundation 
New Education Platforms through Cooperation between AraratBank and Aren Mehrabyan FoundationNew Education Platforms through Cooperation between AraratBank and Aren Mehrabyan Foundation
RA CB forecasts GDP growth of 6.3-4.1% in 2026RA CB forecasts GDP growth of 6.3-4.1% in 2026
RA State Revcnue Committee is supporting businesses in properly  organizing their operation - premier RA State Revcnue Committee is supporting businesses in properly  organizing their operation - premier 
Armenian economy minister on country`s export and import plans with  Azerbaijan Armenian economy minister on country`s export and import plans with  Azerbaijan 
2% cashback for all ArCa cardholders not to apply to cashless  purchases from foreign businesses, says Deputy Finance Minister2% cashback for all ArCa cardholders not to apply to cashless  purchases from foreign businesses, says Deputy Finance Minister
Armenia has for many years been importing oil products from Turkiye -  expert Armenia has for many years been importing oil products from Turkiye -  expert 
RA health minister ready for joint programs with EAEU partners RA health minister ready for joint programs with EAEU partners 
 Roundtable discussion `Kazakhstan-Armenia: Dialogue in Tourism` held  in Yerevan Roundtable discussion `Kazakhstan-Armenia: Dialogue in Tourism` held  in Yerevan
Armenia hopes for Russia to restore railway connection with  Nakhchivan, Azerbaijan and Turkiye as soon as possibleArmenia hopes for Russia to restore railway connection with  Nakhchivan, Azerbaijan and Turkiye as soon as possible
Government ready to assist business contacts between Armenia,  Azerbaijan - Armenian premierGovernment ready to assist business contacts between Armenia,  Azerbaijan - Armenian premier
Armenian premier on forecast of GDP growth in 2026Armenian premier on forecast of GDP growth in 2026
Index of prices for industrial prices 103.6% in Armenia in Jan-Nov  2025Index of prices for industrial prices 103.6% in Armenia in Jan-Nov  2025
Armenian government approves measures and procedures for cashback on  non-cash transactions using ArCa NPS cardsArmenian government approves measures and procedures for cashback on  non-cash transactions using ArCa NPS cards
AraratBank Receives Visa Trusted Partnership Award 2025AraratBank Receives Visa Trusted Partnership Award 2025
Exponential growth in economic activity in Armenia on New Year eve Exponential growth in economic activity in Armenia on New Year eve 
Armenia to have Kap reservoir and new village - premier Armenia to have Kap reservoir and new village - premier 
RA Ministry of High-Tech Industry to expand cooperation with  Eleveight AI company RA Ministry of High-Tech Industry to expand cooperation with  Eleveight AI company 
Armenian government extends ban on export of some agricultural  products Armenian government extends ban on export of some agricultural  products 
Ban on export of whitefish caviar to be extended for six months Ban on export of whitefish caviar to be extended for six months 
Armenia and Israel discuss prospects for expanding economic  cooperationArmenia and Israel discuss prospects for expanding economic  cooperation
2% cashback to be refunded to ArCa local cards in Armenia from 20262% cashback to be refunded to ArCa local cards in Armenia from 2026
IDBank Employees’ New Year Gifts for “Hayordi” Foundation beneficiary childrenIDBank Employees’ New Year Gifts for “Hayordi” Foundation beneficiary children
Armenian, German taxation systems discussed at RA State Revenue  CommitteeArmenian, German taxation systems discussed at RA State Revenue  Committee
Armenian economy minister comments on Azerbaijani petrol price in  Armenia Armenian economy minister comments on Azerbaijani petrol price in  Armenia 
RA Ministry of Territorial Administration and Infrastructure seeking  candidate for position of acting general director of Construction of  a New Nuclear Power Plant company RA Ministry of Territorial Administration and Infrastructure seeking  candidate for position of acting general director of Construction of  a New Nuclear Power Plant company 
WB approves US $250 million in financing for Housing and Mortgage  Market Improvement Project in ArmeniaWB approves US $250 million in financing for Housing and Mortgage  Market Improvement Project in Armenia
EEC Board approves topic on consumer rights protection in EAEU  countriesEEC Board approves topic on consumer rights protection in EAEU  countries
Russia is considering supplying fertilizer to Armenia via Azerbaijan  - vice-premierRussia is considering supplying fertilizer to Armenia via Azerbaijan  - vice-premier
FLYONE ARMENIA launches Yerevan-Amsterdam-Yerevan flightsFLYONE ARMENIA launches Yerevan-Amsterdam-Yerevan flights
Kaps reservoir construction suspended Kaps reservoir construction suspended 
Yerevan`s 2026 budget estimate ready Yerevan`s 2026 budget estimate ready 
Media: Grain from Volgograd to be delivered to Armenia via AzerbaijanMedia: Grain from Volgograd to be delivered to Armenia via Azerbaijan
MSMEs share in Armenia`s GDP increased from 31% to 34% in one year MSMEs share in Armenia`s GDP increased from 31% to 34% in one year 
WizzAir to launch direct flights between Yerevan and London starting  in summer 2026WizzAir to launch direct flights between Yerevan and London starting  in summer 2026
Scholarship for 100 Artsakh Students as Part of IDBank’s “Side by Side” ProgramScholarship for 100 Artsakh Students as Part of IDBank’s “Side by Side” Program
EAEU leaders agree on approaches to developing trade with their key  partners in medium termEAEU leaders agree on approaches to developing trade with their key  partners in medium term
Kılıç: Turkish Airlines will begin daily flights on the Istanbul-Yerevan-Istanbul route from March 11, 2026.Kılıç: Turkish Airlines will begin daily flights on the Istanbul-Yerevan-Istanbul route from March 11, 2026.
Armenia proposes Egypt to consider opening  TUMO centerArmenia proposes Egypt to consider opening  TUMO center
Mining remains a social pillar of Armenia`s regions - studyMining remains a social pillar of Armenia`s regions - study
Armenia, Egypt discuss prospects for developing cooperation in  agricultureArmenia, Egypt discuss prospects for developing cooperation in  agriculture
The results of the second Junius financial literacy competition have been summarizedThe results of the second Junius financial literacy competition have been summarized
 From idea to implementation: Ameriabank Presents the Programs Implemented under My Ameria, My Armenia CSR Campaign From idea to implementation: Ameriabank Presents the Programs Implemented under My Ameria, My Armenia CSR Campaign
Armenia`s Ambassador to the United States attends USACC roundtable on  TRIPPArmenia`s Ambassador to the United States attends USACC roundtable on  TRIPP
Expert casts doubt on origin of recent Azerbaijani gasoline import to  ArmeniaExpert casts doubt on origin of recent Azerbaijani gasoline import to  Armenia
Pashinyan one again thanked Aliyev at EAEU Supreme Council meetingPashinyan one again thanked Aliyev at EAEU Supreme Council meeting
First robotic surgery performed in ArmeniaFirst robotic surgery performed in Armenia
World Bank remains reliable strategic partner in Armenia`s  infrastructure development, says MinisterWorld Bank remains reliable strategic partner in Armenia`s  infrastructure development, says Minister
In Armenia`s interbank foreign exchange market from December 15 to  19, 2025, there was a decrease in dollar and ruble transactions, with  an increase in euro transactionsIn Armenia`s interbank foreign exchange market from December 15 to  19, 2025, there was a decrease in dollar and ruble transactions, with  an increase in euro transactions
Train loaded with  SOCAR petroleum products arrives in ArmeniaTrain loaded with  SOCAR petroleum products arrives in Armenia
RA Finance Minister, French Ambassador and AFD representative discuss  budget support programs RA Finance Minister, French Ambassador and AFD representative discuss  budget support programs 
RA Economy Minister: 22 railcars of Azerbaijani petroleum crossing  Armenian-Georgian borderRA Economy Minister: 22 railcars of Azerbaijani petroleum crossing  Armenian-Georgian border
Azerbaijani fuel import to Armenia  indicates  lack of economic  policy: David AnanyanAzerbaijani fuel import to Armenia  indicates  lack of economic  policy: David Ananyan
Fly Kish starts operating flights on route Tehran-Yerevan-Tehran Fly Kish starts operating flights on route Tehran-Yerevan-Tehran 
Analyst: EDB sees a possible slowdown in economic growth outside the country as the primary risk for the Armenian economy in 2026-2028Analyst: EDB sees a possible slowdown in economic growth outside the country as the primary risk for the Armenian economy in 2026-2028
Prime Minister: Train carrying petroleum products  heading from  Azerbaijan to ArmeniaPrime Minister: Train carrying petroleum products  heading from  Azerbaijan to Armenia
 RA Prime Minister confirms that Hungary has lifted its veto on the  decision to allocate 20 million euros to Armenia within the framework  of  European Peace Facility RA Prime Minister confirms that Hungary has lifted its veto on the  decision to allocate 20 million euros to Armenia within the framework  of  European Peace Facility
Armenia  approached its Russian partners with proposal to discuss   possibility of constructing railway line from Yeraskh to  Nakhichevan  borderArmenia  approached its Russian partners with proposal to discuss   possibility of constructing railway line from Yeraskh to  Nakhichevan  border
RA Prime Minister of Armenia to attend  Supreme Eurasian Economic  Council Meeting  in St. PetersburgRA Prime Minister of Armenia to attend  Supreme Eurasian Economic  Council Meeting  in St. Petersburg
Read more
Exchange rates
29.12.2025
RUB4.910.01
USD381.46-0.01
EUR448.71-0.43
GBP514.860.30
CAD278.58-0.23
JPY24.400.01
CNY54.450.01
CHF482.74-0.38