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Resilient and Inclusive Road Sector Improvement Project

Sector: Road • Location: Armenia

Source: Asian Development Bank (ADB)

Project
Active

The Resilient and Inclusive Road Sector Improvement Project has a length of 27.1 km and is a green field alignment traversing mountainous terrain and includes 16 bridges and 3 tunnels. The estimated cost is $400 million with ADB's share of financing to be $255 mil and cofinancing by EIB in the amount of $107 mil. The proposed project is designed to (i) address inefficiencies in transport and logis

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The project “Resilient and Inclusive Road Sector Improvement Project” is an infrastructure initiative in the Road sector, located in Armenia. Taiyo aggregates data on it from Asian Development Bank (ADB).

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Description

Description

The Resilient and Inclusive Road Sector Improvement Project has a length of 27.1 km and is a green field alignment traversing mountainous terrain and includes 16 bridges and 3 tunnels. The estimated cost is $400 million with ADB's share of financing to be $255 mil and cofinancing by EIB in the amount of $107 mil. The proposed project is designed to (i) address inefficiencies in transport and logistics to and from one of the only two open borders in the country, (ii) alleviate emerging regional socio-economic disparities, (iii) provide safety, sustainability, and climate resilience of road assets, and (iv) expand the economic benefit of infrastructure investment to the region.

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High

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