Armenian government will allocate 1.1 billion drams for North-South highway corridor projects
27.08.2026,
12:45
At a meeting on Thursday, the Armenian government decided to reallocate 1.1 billion drams for the implementation of a number of projects along various sections of the North-South highway corridor.
YEREVAN, August 27. /ARKA/. At a meeting on Thursday, the Armenian government decided to reallocate 1.1 billion drams for the implementation of a number of projects along various sections of the North-South highway corridor.
"The draft decision proposes an internal reallocation of 1.1 billion drams to finance the necessary contractual and other obligations for various sections of the North-South highway corridor," stated RA Minister of Territorial Administration and Infrastructure David Khudatyan.
According to him, the funds will be used, in particular, to pay 5% of the final cost of construction work, technical supervision services, compensation to owners of land plots recognized as having priority for state needs, program management costs, the restoration of the M6 interstate highway, the reconstruction of the Pushkin Tunnel, the construction of the new Dilijan Tunnel, and design work.
Prime Minister Nikol Pashinyan stated that construction of the Kajaran-Agarak road section and the Kajaran Tunnel is proceeding at a very good pace.
"From 2018 to 2025, the volume of capital investment in Armenia exceeded the Soviet-era figures—we are talking about investments from 1981 to 1988. In 2025, we exceeded the volume of housing construction in 1986, the most active period of housing construction in Soviet Armenia," Pashinyan noted.
About the North-South Corridor
The North-South Transport Corridor, crossing Armenia along the Meghri-Kapan-Goris-Yerevan-Ashtarak-Gyumri-Bavra route, connects to the Georgian road in the south, leading to the ports of Poti and Batumi (on the Black Sea) and further to Russia, the CIS countries, and the European Union. The implementation of this comprehensive project will improve travel links between Europe, the Caucasus, and Asia, connecting Western Asia and Eastern Europe.
"The draft decision proposes an internal reallocation of 1.1 billion drams to finance the necessary contractual and other obligations for various sections of the North-South highway corridor," stated RA Minister of Territorial Administration and Infrastructure David Khudatyan.
According to him, the funds will be used, in particular, to pay 5% of the final cost of construction work, technical supervision services, compensation to owners of land plots recognized as having priority for state needs, program management costs, the restoration of the M6 interstate highway, the reconstruction of the Pushkin Tunnel, the construction of the new Dilijan Tunnel, and design work.
Prime Minister Nikol Pashinyan stated that construction of the Kajaran-Agarak road section and the Kajaran Tunnel is proceeding at a very good pace.
"From 2018 to 2025, the volume of capital investment in Armenia exceeded the Soviet-era figures—we are talking about investments from 1981 to 1988. In 2025, we exceeded the volume of housing construction in 1986, the most active period of housing construction in Soviet Armenia," Pashinyan noted.
About the North-South Corridor
The North-South Transport Corridor, crossing Armenia along the Meghri-Kapan-Goris-Yerevan-Ashtarak-Gyumri-Bavra route, connects to the Georgian road in the south, leading to the ports of Poti and Batumi (on the Black Sea) and further to Russia, the CIS countries, and the European Union. The implementation of this comprehensive project will improve travel links between Europe, the Caucasus, and Asia, connecting Western Asia and Eastern Europe.
