ArmInfo. During the meeting on March 19, Prime Minister of Armenia Karen Karapetyan, Chinese Ambassador to Armenia Tian Erlong and Vice President of Powerchina International Group Limited Ding Genguo discussed issues related to the construction of the Talin-Lanchik section of the North-South road.
As the press service of the government told ArmInfo, this section of the road is being built by the company "Sinohydro." In particular, the interlocutors touched upon the agreements reached earlier with the Chinese company, as well as the implementation of the commitments undertaken.
The vice-president of the company assured that "Sinohydro" successfully builds its section of the North- South road and is ready to continue work.
The prime minister stressed the importance of quality work and expressed the government's readiness to assist the Chinese company in resolving issues arising during the construction.
The project to create a transport corridor "North-South" with a total length of 556 km, 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 billion investment program is aimed at securing the connection between the north (the border with Georgia) and southern Armenia (the border with Iran) via transport communications that meet high international standards and access to world markets. The road will be covered with concrete. 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. The Spanish "Corsan Corviam" won the tenders for the construction of the first few lines of the route, the last tender (for the Landik-Gyumri section in the north of Armenia) - the Chinese "Sinohydro Corporation".
It is noteworthy that the South part of the automobile transport corridor "North-South" will cost Armenia $ 1.5 billion, and the whole project - $ 2-2.5 billion.