The road corridor will facilitate improving the road connection with the two neighbours of Armenia: Iran and Georgia, providing access to international trade routes and markets.
"North-South Road Corridor Investment Program” is implemented under Multi-Tranche Financing Facility. It is subdivided into separate Tranches with separate Loan Agreements.

EU contribution (NIF): € 12 440 000 (overall cost € 380 620 000)

Implementing organization: European Bank of Reconstruction and Development, European Investment Bank

Duration:  68 months | December 2014 – August 2020

Location: Aragatsotn and Shirak marzes/regions and Yerevan, Republic of Armenia