Wednesday, March 14 2018 15:39
Alexandr Avanesov

The ANAS Italian company showed interest in building a section of highway "North-South"

The ANAS Italian company showed interest in building a section of highway "North-South"

ArmInfo. On March 14, Armenian  Prime Minister Karen Karapetyan received the director of the Italian  group of companies ANAS, Gianni Vitorio Armani.

According to the press service of the Government, during the meeting,  the issue of the possibility of involving the Italian company in the  construction of the North-South highway was discussed. In particular,  according to the source, Gianni Vitorio Armani stressed that the  company is interested in participating in the public-private  partnership project in the construction and operation of the  Sisian-Qajaran road section.

Prime Minister of Armenia, welcoming the initiative of the Italian  company, noted that the Armenian government attaches importance to  the implementation of the much-needed infrastructure project, and is  ready to cooperate with the Italian company. The head of the Armenian  government offered to discuss the details of this initiative with the  Ministry of Transport, Communications and Information Technologies of  the Republic of Armenia, and submit the results of the talks to the  government apparatus.

ANAS is the leading company in Italy for the construction of roads,  autobahns, highways and railways. Almost all important transport  projects in Italy are being realized with the participation of this  company.

Recall that the construction of the Sisian-Kajaran highway is part of  the project to create a transport corridor "North-South" with a total  length of 556 km, which will provide access to the Black Sea and  European countries through the territory of Armenia  (Meghri-Kapan-Goris-Yerevan-Ashtarak- Gyumri-Bavra) and Georgia. The  $ 1.5 billion investment program is aimed at securing communication  between the north (the border with Georgia) and southern Armenia (the  border with Iran) through transport communications that meet high  international standards and access to world markets. The road will be  covered with concrete. To implement the project, Armenia raised a  loan from the Asian Development Bank in the amount of $ 500 million.  Another $ 150 million will be provided by the Eurasian Development  Bank. The Armenian side also attracted 60 million euros from the  European Investment Bank for the implementation of the project. The  construction of the corridor is planned to be completed in 2019.  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.

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