The Government of Armenia has received a loan from the Asian Development Bank (ADB) to finance the Sustainable Urban Development Investment Program (SUDIP) – Project 1 and Project 2. According to the Loan Agreement the Projects will be completed in 2020. The Projects are implemented by a working group within “Investing Projects Implementation Unit Building up of Yerevan” CNCO of Yerevan Municipality.
The project aims to improve urban transport in Yerevan aligned with the urban master plan of Yerevan city. This plan aims at promoting a sustainable, integrated, socially affordable and cost efficient urban transport system.
The investment program targets a range of urban connectivity and mobility improvements in Yerevan. The output will be roads constructed according to international standards which will reduce congestions in city center.
Project Component:
i. road and bridge construction and urban infrastructure improvement
ii. public transport network and infrastructure rehabilitation and extension
News
Loan agreement of Yerevan Urban Development Investment Project was signed
The “Seismic Safety Improvement Program” loan agreement was signed between the Republic of Armenia and the Asian Development Bank. The agreement was signed at the RA Ministry of Finance on November 27. The signing of the agreement was organized within the...
Working Visit
On November 2023, the specialist from Sustainable Urban Development Investment project along with the representatives from Asian Development Bank made a working visit to the road links, which are constructed or under construction within the project. During...
Working Visit
Designated ARRM Country Director Don Lambert paid a working visit on 2 August 2023 to the newly constructed Argavand-Shirak and Babajanyan 1km road sections within the framework of the Sustainable Urban Development Investment Program to get acquainted with...
Map
Ancient Yerevan
