ADB to provide €236 million co-financing for reconstruction of Sisian-Kajaran road’s northern section

The Cabinet approved the loan agreement signed with the Asian Development Bank (ADB) to support the construction of a road section in the Syunik region.

David Khudatyan, the minister of Territorial Administration and Infrastructures, said at the Cabinet meeting that the ADB will make a €236 million co-financing of the project.

The loan agreement pertains to the reconstruction of the northern sub-section of the Sisian-Kajaran road of the North-South road corridor.

The Sisian-Kajaran road section has been divided into three sub-sections: Northern, the Bargushat Tunnel and Southern, the minister explained.

“The loan agreement pertains to the northern sub-section, the total cost of which is 335 million euros,” he said, adding that a 27,1km long three-lane road, including tunnels and bridges, will be constructed to improve safety and reduce travel time by up to 90 minutes over the entire Sisian-Kajaran Road. It will incorporate climate-resilient construction methods and provide inclusive amenities such as rest areas equipped with electric vehicle charging stations and facilities tailored for women, children, and elderly users.

The completion is expected in 2033.