ArmInfo. More than half of the construction work on the 32-kilometer Kajaran-Agarak section of the North-South Transport Corridor has been completed. Armenian Minister of Territorial Administration and Infrastructure David Khudatyan announced this on his Facebook page.
The 32-kilometer Kajaran-Agarak section of the road is a key part of the North-South Corridor. The contractor for this section, leading from Agarak upwards, is a joint venture of Iranian companies.
- Abad Rahan Pars International Group and Tunnel Sadd Ariana. Technical supervision of the construction work is being carried out by the Croatian company Institute IGH, Joint-Stock Company for Research and Development in Civil Engineering. Back in April 2023, it became known that the Eurasian Fund for Stabilization and Development (EFSD), whose funds are managed by the Eurasian Development Bank (EDB), would provide Armenia with a $150 million loan for the construction of the fourth tranche of the North-South transport corridor.
