ArmInfo. The contractor for the construction of the 32-kilometer Kajaran-Agarak section (Tranche - 4) of the North-South highway leading to the border with Iran is a joint venture of Iranian companies - Abad Rahan Pars International Group and Tunnel Sadd Ariana, which is carrying out blasting and excavation work.
According to the press service of the Road Department, it is planned to build 17 bridges, 2 tunnels (with a total length of 1 km) and 5 interchanges on this section.
Technical supervision of the construction work is carried out by the Croatian company Institute IGH, Joint- Stock Company for Research and Development in Civil Engineering.
The construction of the Kajaran-Agarak section is financed by the Republic of Armenia and the Eurasian Fund for Stabilization and Development of the Eurasian Development Bank.
Earlier, ArmInfo reported that the investment program of the North-South road corridor, which was planned to be completed within 4-5 years, spending less than $1 billion, has been implemented by 10% to date, and the amount of loans attracted by the end of May 2024 amounted to $800.7 million. At the same time, after 12 years, those responsible for the project are afraid to talk about both the timing of its completion and its final cost.
North-South is one of the largest projects in the history of independent Armenia. This road (partly new, partly an expansion of existing ones) will reduce the distance from the Iranian to Georgian border from 550 to 460 km and simplify access to the Black Sea not only for Armenia, but also for India, as well as the countries of the Persian Gulf. The program was officially launched on September 13, 2012. Then, at the ceremony of laying the first stone on the Yerevan-Ararat highway section, the head of the Ministry of Transport Gagik Beglaryan and other responsible persons announced that the project was planned to be fully completed in 2016-2017.
