Tweet
EURASIAN DEVELOPMENT BANK INVESTS IN CONSTRUCTING ARMENIAN MOTORWAYS
The Messenger, Georgia
April 11 2013
The Eurasian Development Bank decided to allot $100 million USD for
constructing the north-south motorway in Armenia. In particular,
the amount will be spent on the southern segment of the motorway.
Altogether, it is estimated that the construction of the Armenian
motorway will cost around $1.5 billion USD. The length of the motorway
will be 556 kilometers. It will connect Iran with Georgia. The project
was confirmed and supported by the Asian Bank which will allot $500
million USD. The Armenian government will co-finance the project with
$462 million USD.
The Messenger, Georgia
April 11 2013
The Eurasian Development Bank decided to allot $100 million USD for
constructing the north-south motorway in Armenia. In particular,
the amount will be spent on the southern segment of the motorway.
Altogether, it is estimated that the construction of the Armenian
motorway will cost around $1.5 billion USD. The length of the motorway
will be 556 kilometers. It will connect Iran with Georgia. The project
was confirmed and supported by the Asian Bank which will allot $500
million USD. The Armenian government will co-finance the project with
$462 million USD.