Armenian government will allocate 8.43 billion drams for Kajaran-Agarak section of North-South road corridor
06.11.2025,
15:26
The Armenian government will allocate 8.43 billion drams (approximately $22 million) to finance the construction of the Kajaran-Agarak section of the North-South road corridor.
YEREVAN, November 6. /ARKA/. The Armenian government will allocate 8.43 billion drams (approximately $22 million) to finance the construction of the Kajaran-Agarak section of the North-South road corridor. Deputy Minister of Territorial Administration and Infrastructure of the Republic of Armenia Armen Simonyan presented a budget redistribution plan for these purposes at a government meeting on Thursday.
"The project plans to allocate 8.4 billion drams to finance the construction of the 32-kilometer Kajaran-Agarak section of the road (Tranche 4) as part of the North-South road corridor investment program," Simonyan said.
He added that 22 million drams are planned for the construction of the northern section of the Sisian-Kajaran highway, and 8.7 million drams for the safety assessment of the Bargushat tunnel project on the Sisian-Qajaran highway.
Prime Minister Nikol Pashinyan, for his part, noted that "the North-South project is beginning to crystallize before our eyes and become tangible."
"In fact, the Yerevan-Gyumri road will be fully ready this year, and the equipment, marking, and sign installation work will be completed in the spring. However, it is already fully ready for traffic today," he stated.
When asked by the Prime Minister to clarify the situation, Deputy Prime Minister Tigran Khachatryan said that preparatory work is also underway on the Sisian-Kajaran section. "Work on this North-South road will be completed in 2027," he said.
About the southern section of the North-South highway
The estimated cost of the construction project for the southern section of the Sisian-Kajaran highway of the North-South transport corridor is €452 million. Financing will be provided partly by loans from the EBRD, EIB, and EFSD, and partly by the Armenian government.
The plan is to build a new 60-kilometer section of the road, which will increase the speed limit from 50 km/h to 100 km/h. km/h. The project will include three-lane asphalt concrete roads, five tunnels (including one in the Bargushat area), 11 bridges, 68 barriers, and 43 retaining walls. The project is scheduled for completion in November 2032. ($1 = 382.57 drams).-0-
"The project plans to allocate 8.4 billion drams to finance the construction of the 32-kilometer Kajaran-Agarak section of the road (Tranche 4) as part of the North-South road corridor investment program," Simonyan said.
He added that 22 million drams are planned for the construction of the northern section of the Sisian-Kajaran highway, and 8.7 million drams for the safety assessment of the Bargushat tunnel project on the Sisian-Qajaran highway.
Prime Minister Nikol Pashinyan, for his part, noted that "the North-South project is beginning to crystallize before our eyes and become tangible."
"In fact, the Yerevan-Gyumri road will be fully ready this year, and the equipment, marking, and sign installation work will be completed in the spring. However, it is already fully ready for traffic today," he stated.
When asked by the Prime Minister to clarify the situation, Deputy Prime Minister Tigran Khachatryan said that preparatory work is also underway on the Sisian-Kajaran section. "Work on this North-South road will be completed in 2027," he said.
About the southern section of the North-South highway
The estimated cost of the construction project for the southern section of the Sisian-Kajaran highway of the North-South transport corridor is €452 million. Financing will be provided partly by loans from the EBRD, EIB, and EFSD, and partly by the Armenian government.
The plan is to build a new 60-kilometer section of the road, which will increase the speed limit from 50 km/h to 100 km/h. km/h. The project will include three-lane asphalt concrete roads, five tunnels (including one in the Bargushat area), 11 bridges, 68 barriers, and 43 retaining walls. The project is scheduled for completion in November 2032. ($1 = 382.57 drams).-0-
