Tuesday, May 20 2025 11:04
Aline Grigoryan

ADB joins construction project of southern section of North-South  corridor

ADB joins construction project of southern section of North-South  corridor

ArmInfo. The Asian Development Bank (ADB) is providing Armenia with significant assistance in implementing the North-South transport corridor construction project. This was stated by Narek Zulalyan, Deputy Executive Director of the  Road Department Fund, during a press tour dedicated to the 20th anniversary of ADB's cooperation with the Republic of Armenia.

According to him, three loan agreements were concluded with the Bank in order to implement the program, and the work on the first of them has already been completed.

Moreover, as Zulalyan emphasized, the construction of road sections is carried out in such a way that they can provide connection of residents of several villages with the main highway. "For example, in the Aragatsotn region of the republic, residents of the rural communities of Aruch, Kakavadzor and Agarakavan will have access to the main highway with a length of 34 km. It is planned to build nine road junctions here, which were agreed upon with local communities at the design stage. These junctions were created, first of all, for safe access of residents to the main highway. All paving works on  this section have been completed, and safety elements and a drainage system are currently being installed," Zulalyan explained. He also added that within the framework of cooperation with the ADB, it is planned to build a modern road from Yerevan to Gyumri, which will be a first technical class highway with two traffic lanes in each direction. The width of each lane will be 3.6 meters. The Deputy  Executive Director of the Fund noted that earthworks are ongoing on this 34 km section of the road. Construction work on them is scheduled to be completed by the end of 2025, after which the road will be opened for two-way traffic. The cost of this stage of the project is $76 million.

Zulalyan also mentioned the construction of a section of the road near the village of Landzhik. He noted that the cost of construction work on this section was $60 million. "The work here was completed in October 2022, and since then the road has been open to two-way traffic. The length of this section is 18.7 kilometers," Zulalyan added.

U.S. $60 million in loan funds were attracted from the ADB under Tranche 1, another $170 million was received from the ADB under Tranche 2, the Ashtarak-Talin section, 42 km long, and $100 million in ADB loan funds were attracted for Tranche 3, on the Ashtarak-Talin, Talin-Gyumri section (Talin-Landzhik section - 18.7 km). Speaking about the Ashtarak-Talin section of the road, 8 kilometers long, Zulalyan noted that final work is being carried out there. He reported that the road section has already been completely paved in three layers, and the construction company is currently installing a drainage system. In addition, according to him, metal barriers have already been fully installed, and it is expected that this work will be completed in July, after which the road will be opened for two-way traffic. According to Zulalyan, there are no markings on this section yet, but they will also be started soon. "The drainage system will be along the entire length of the  North-South highway. Depending on the amount of water, the road will  have an appropriate slope at each section, and drainage systems will be built," Zulalyan noted. Touching upon the construction of the Sisian-Kajaran section of the road, which is also financed by the ADB, he noted that preparatory work is currently underway. According to Zulalyan, the length of the road will be 60 km, and the ADB is financing the northern part of the road to the Bargushat tunnel. He added that one interchange in the Agarak-Voskevaz area and 31 artificial structures are planned for this part of the road. As the  deputy executive director of the fund explained, this includes  crossings for agricultural machinery, passages for livestock,  drainage systems, overpasses and more.

On March 18 this year, Armenia and the ADB signed a loan agreement in the amount of 236 million euros for the construction of the northern section of the Sisian-Kajaran road of the North-South transport corridor.  Within the framework of the agreement, it is planned to build an asphalt concrete road with a length of 27.1 km, resistant to difficult climatic conditions and natural disasters, which will reduce the length of the Sisian-Kajaran road section. As a result, the duration of trips will be reduced, the average speed of vehicles will increase, and the comfort and safety of trips will increase. The construction of a new section of the Sisian - Kajaran road with a length of about 60 km, including the Bargushat tunnel, is planned to  begin in 2025. The work will be carried out in three subsections: the northern section - 27.12 km long, the Bargushat tunnel section - 8.65 km long and the southern section - 24.25 km long. A total of 708 million euros in credit funds will be required for the construction of three sections of the road section. The new 60- kilometer Sisian-Kajaran road will be of the second technical category. It will pass through a difficult mountainous terrain, will include 27 bridges with a total length of 4.7 km and 9 tunnels with a total length of 12.5 km (the longest Bargushat tunnel is about 8.6 km long). The pre-qualification stage of the international tender for this project has been completed, with applications submitted by 23 companies from Europe, China and other countries. Of the total financial assistance  package from the EU to Armenia in the amount of 2.6 billion euros over the next five years, 600 million euros will be directed to the construction of the Kajaran-Sisian road. Another 200 million dollars will be provided by the Eurasian Fund for Stabilization and Development, 500 million dollars have already been allocated by the ADB. The 60-km- long road section will have a design speed of 80 km/h.

The North-South Highway is one of the largest infrastructure projects in the history of independent Armenia. It will reduce the distance between the Iranian and Georgian borders from 550 to 490 km, speed up transit through the country and create new logistics opportunities, including the transportation of goods from Iran to the Black Sea.

The Asian Development Bank has been working with Armenia since 2005. As of the end of 2024, the Bank has implemented numerous projects in Armenia worth $1.9 billion, which were aimed at developing the transport, financial, energy and water sectors, and other infrastructure.  

POST A COMMENT
Input digits     


News
For the first time, the bonds of a medical institution to be listed  on Armenia Stock ExchangeFor the first time, the bonds of a medical institution to be listed  on Armenia Stock Exchange
International train Yerevan-Batumi-Yerevan to start operating from June 14International train Yerevan-Batumi-Yerevan to start operating from June 14
Armenia`s authorities to exempt certain Iranian trucks from road tax Armenia`s authorities to exempt certain Iranian trucks from road tax 
Azimut production company installs VOR/DME 2700 radio beacon in ArmeniaAzimut production company installs VOR/DME 2700 radio beacon in Armenia
ADB joins construction project of southern section of North-South  corridorADB joins construction project of southern section of North-South  corridor
RA Minister of Economy meets cognac industry representatives   RA Minister of Economy meets cognac industry representatives   
CBA considers introducing  insurance mechanism to combat financial  fraudCBA considers introducing insurance mechanism to combat financial fraud
Kocharyan: Gas pipeline from Iran to Armenia didn`t not imply any transit opportunity from the startKocharyan: Gas pipeline from Iran to Armenia didn`t not imply any transit opportunity from the start
Armenian-Austrian Intergovernmental Commission meeting on  trade-economic and scientific-technical cooperation  held in ViennaArmenian-Austrian Intergovernmental Commission meeting on  trade-economic and scientific-technical cooperation  held in Vienna
1% Special Transfer Rate for AraratBank Customers1% Special Transfer Rate for AraratBank Customers
Team Telecom Armenia announces launch of 5GTeam Telecom Armenia announces launch of 5G
Rocket Line loan payment deferment and combination: New update of the Idram&IDBank applicationRocket Line loan payment deferment and combination: New update of the Idram&IDBank application
23 of 46 schools renovated under ADB programme 23 of 46 schools renovated under ADB programme 
Armenian interbank foreign exchange market: dollar transactions increased from May 12 to May 16, 2025Armenian interbank foreign exchange market: dollar transactions increased from May 12 to May 16, 2025
Vahe Davtyan: Armenia being marginalized from the emerging  architecture of regional energy transitVahe Davtyan: Armenia being marginalized from the emerging  architecture of regional energy transit
Vahe Hovhannisyan meets with  EIB Vice President, Egypt`s Minister of  International Cooperation, and representatives from JP Morgan and  Bank of America in LondonVahe Hovhannisyan meets with  EIB Vice President, Egypt`s Minister of  International Cooperation, and representatives from JP Morgan and  Bank of America in London
Head of Anti-Counterfeit: We must not allow illegal traders to use  Georgia as a hub for counterfeit goods or a convenient route for   transportationHead of Anti-Counterfeit: We must not allow illegal traders to use  Georgia as a hub for counterfeit goods or a convenient route for   transportation
AraratBank: From a Future Student to a LeaderAraratBank: From a Future Student to a Leader
Event Ticketing Platform Eventhub is now Available in MyAmeria AppEvent Ticketing Platform Eventhub is now Available in MyAmeria App
RA Finance Minister of Finance meets with EBRD  President  in LondonRA Finance Minister of Finance meets with EBRD  President  in London
25% idcoin when buying tickets from all airlines. IDBank25% idcoin when buying tickets from all airlines. IDBank
The majority of transfers to Armenia come from Russia, and flow out  to Switzerland, the UAE and the USAThe majority of transfers to Armenia come from Russia, and flow out  to Switzerland, the UAE and the USA
ZCMC to be the first in Armenia to present a report on biodiversity  managementZCMC to be the first in Armenia to present a report on biodiversity  management
Armenian market  unable to provide personnel for modern competitive  businesses, especially in  mining sectorArmenian market  unable to provide personnel for modern competitive  businesses, especially in  mining sector
Converse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projectsConverse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projects
Armenia Featured in Wizz Air’s Special Magazine EditionArmenia Featured in Wizz Air’s Special Magazine Edition
Import customs duty for goods supplied to Armenia from Iran to be reduced to 4.5% Import customs duty for goods supplied to Armenia from Iran to be reduced to 4.5% 
Armenia`s authorities plan to enhance military industry`s potential Armenia`s authorities plan to enhance military industry`s potential 
Armenian government expanding agricultural machinery leasing support  programArmenian government expanding agricultural machinery leasing support  program
Armenia extends repayment term for ADB loan for improvement of  Armenia-Georgia border highwayArmenia extends repayment term for ADB loan for improvement of  Armenia-Georgia border highway
Armenia`s Cabinet declines Capital Markets International Data`s application for Ecos fee operators list Armenia`s Cabinet declines Capital Markets International Data`s application for Ecos fee operators list 
Inecobank to receive $15mln under EBRD `green agenda` Inecobank to receive $15mln under EBRD `green agenda` 
`Solar pathos` turning into source of Armenia`s `energy insecurity` - expert `Solar pathos` turning into source of Armenia`s `energy insecurity` - expert 
EU to mobilize EUR 2.36bln under economic investment plan for Armenia  - diplomat EU to mobilize EUR 2.36bln under economic investment plan for Armenia  - diplomat 
Evocabank to receive EUR 19.4 million financial package from EBRD to  support MSMEs and large enterprises in ArmeniaEvocabank to receive EUR 19.4 million financial package from EBRD to  support MSMEs and large enterprises in Armenia
EBRD expands cooperation with Ameriabank - EUR 50 million Risk Sharing  Framework agreement signedEBRD expands cooperation with Ameriabank - EUR 50 million Risk Sharing  Framework agreement signed
PSRC Head: Installed capacity of solar power plants in Armenia  projected to reach 557 MW in the coming yearsPSRC Head: Installed capacity of solar power plants in Armenia  projected to reach 557 MW in the coming years
Ambassador: Russia offering Armenia a wide range of nuclear power  unitsAmbassador: Russia offering Armenia a wide range of nuclear power  units
ENA`s investment program  for 2025  aims to modernize most worn-out  and vulnerable substationsENA`s investment program  for 2025  aims to modernize most worn-out  and vulnerable substations
PSRC Head: Electricity tariffs to remain unchanged in 2025PSRC Head: Electricity tariffs to remain unchanged in 2025
NPP CEO: Proposals for  new NPP model to be presented in 2026NPP CEO: Proposals for  new NPP model to be presented in 2026
Armenian Deputy PM, Iranian Ambassador discuss bilateral cooperation  agendaArmenian Deputy PM, Iranian Ambassador discuss bilateral cooperation  agenda
Armenian insurance market started to reduce compensationArmenian insurance market started to reduce compensation
Armenia`s SRC delegation attends  fifth meeting of the Subcommittee  on Customs Issues under SEPAArmenia`s SRC delegation attends  fifth meeting of the Subcommittee  on Customs Issues under SEPA
Armenian NPP to be shut down for preventive maintenanceArmenian NPP to be shut down for preventive maintenance
FLYONE ARMENIA offers tickets to Salonica from EUR 19 FLYONE ARMENIA offers tickets to Salonica from EUR 19 
Armenia may try on role of Armenia may try on role of "junction zone" of Eurasian and European  economic spaces - expert 
Number of jobs up in all sectors of Armenia`s economy - minister Number of jobs up in all sectors of Armenia`s economy - minister 
The state  to compensate 40% of farmers` costs for  installing  anti-hail nets in all communities of ArmeniaThe state  to compensate 40% of farmers` costs for  installing  anti-hail nets in all communities of Armenia
One of the most common fraud schemes is phone calls: how to protect yourselfOne of the most common fraud schemes is phone calls: how to protect yourself
Papoyan comments on the situation regarding Armenian cargo in  Georgia: There is an issue, and I think our businessmen are rightPapoyan comments on the situation regarding Armenian cargo in  Georgia: There is an issue, and I think our businessmen are right
Georgian side promises to clarify situation with Armenian cargo  downtime within two daysGeorgian side promises to clarify situation with Armenian cargo  downtime within two days
Victims of financial fraud gather in front of Armenian CB, demand  return of stolen money Victims of financial fraud gather in front of Armenian CB, demand  return of stolen money 
Net profit of Armenia`s insurance sector reaches $2.1mln in 1st  quarter of 2025 Net profit of Armenia`s insurance sector reaches $2.1mln in 1st  quarter of 2025 
Armenia`s minister of territorial administration, UNICEF rep discuss disaster risk reduction Armenia`s minister of territorial administration, UNICEF rep discuss disaster risk reduction 
Armenia on verge of economic crisis - MPArmenia on verge of economic crisis - MP
Armenia  to tighten rules for manufacturers and importers of tobacco  products and their substitutesArmenia  to tighten rules for manufacturers and importers of tobacco  products and their substitutes
Majority of transactions in Armenian regions involve land salesMajority of transactions in Armenian regions involve land sales
Hooverphonic`s Yerevan debut, sponsored by AraratBank, for the Philharmonic Orchestra`s 100th AnniversaryHooverphonic`s Yerevan debut, sponsored by AraratBank, for the Philharmonic Orchestra`s 100th Anniversary
Re-exporting and re-importing of diamonds and gold haven`t been successful, resulting in a decline in Armenia`s foreign trade turnoverRe-exporting and re-importing of diamonds and gold haven`t been successful, resulting in a decline in Armenia`s foreign trade turnover
Read more
Exchange rates
20.05.2025
RUB4.77-0.04
USD384.92-1.28
EUR432.84-2.64
GBP514.37-2.60
CAD276.03-0.84
JPY26.63-0.04
CNY53.31-0.25
CHF461.70-2.04