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Eurasian Development Bank prepares $100 million for Armenia North-South Highway
March 08, 2014 | 00:39
The Eurasian Development Bank (EDB) is preparing a $100 million-worth
project for the construction of a section of the North-South
trans-Armenian highway.
Armenian government representatives stated the aforesaid at the EDB on
Thursday, the Bank official website reports.
The project was developed jointly with the Asian Development Bank
(ADB), which is its main sponsor.
In all likelihood, the section to be constructed will be between the
cities of Meghri and Kapan.
Overall construction of the North-South Highway will total $967
million, whose $500 million will be allocated by the ADB.
News from Armenia - NEWS.am
March 08, 2014 | 00:39
The Eurasian Development Bank (EDB) is preparing a $100 million-worth
project for the construction of a section of the North-South
trans-Armenian highway.
Armenian government representatives stated the aforesaid at the EDB on
Thursday, the Bank official website reports.
The project was developed jointly with the Asian Development Bank
(ADB), which is its main sponsor.
In all likelihood, the section to be constructed will be between the
cities of Meghri and Kapan.
Overall construction of the North-South Highway will total $967
million, whose $500 million will be allocated by the ADB.
News from Armenia - NEWS.am