RA Ministry of Territorial Administration hosts ADB delegation

ArmInfo. Kristine Ghalechyan, Deputy Minister of Territorial Administration and  Infrastructure of the Republic of Armenia, received a delegation from  the Asian Development Bank (ADB), led by Hiroaki Yamaguchi, Senior  Director for Transport.

During the meeting, the parties discussed issues related to the  restoration of the M6 Vanadzor-Alaverdi highway, damaged by the 2024  flood, as well as the Artashat-Sisian section (Tranche 4) of the  North-South Transport Corridor.

Hiroaki Yamaguchi, thanking for the reception, emphasized the Asian  Development Bank's readiness to facilitate the formation of a new  vision for infrastructure development, build knowledge, and provide  financial support.

In turn, Kristine Ghalechyan emphasized the importance of programs  implemented in cooperation with the ADB. She noted that the Armenian  government is interested in both completing existing programs and  developing and implementing new ones.

The parties agreed to continue discussions. It is worth noting that  the Asian Development Bank is Armenia's second largest creditor, with  a 21.2% share (as of April 2025). The bank has been working with  Armenia since 2005 and has implemented numerous projects in the  country aimed at developing the transport, financial, energy, water,  and other infrastructure sectors. According to its April forecast  update, the ADB expects Armenia's GDP to grow by 5% in 2025, slowing  to 4.7% in 2026.