M6 Vanadzor-Alaverdi-Georgia border Interstate Road Rehabilitation and Improvement Project
The main goal of the Project is to rehabilitate and reconstruct Vanadzor-Alaverdi-Georgian border interstate road on a length of about 90 km connecting the Republic of Armenia with the Republic of Georgia.
M6 Vanadzor-Alaverdi-Georgian border Interstate Road is running from city Vanadzor through 33 communities of the RA Lori and Tavush regions (with total population of 167,416) up to Bagratashen border crossing point. The estimated duration of civil works is about 32 months.
The Project will be jointly financed by the European Investment Bank and the Asian Development Bank, and co-financed by the Government of the Republic of Armenia.
The European Investment Bank provided a credit in an amount of EUR 51 000 000 and “Armenia M6 Interstate Road” Finance Contract was signed between the Republic of Armenia and the European Investment Bank on 26 January, 2016 in Yerevan and on 29 January, 2016 in Luxembourg.
The Asian Development Bank provided a loan in an amount of EUR 44 037 000 and the Draft Loan Agreement was pre-signed on 23 August 2016.
Design and cost estimate documents were prepared by the Italian “Lotti Ingegneria” LTD based on the Contract signed with the European Investment Bank.
According to design, the following works should be carried out: subgrade rehabilitation, road pavement reconstruction, as well as construction and rehabilitation of 12 bridges and overpasses, repair and reconstruction of existing 3 tunnels available at the road section.