ON THE PERFORMANCE AND CHALLENGES OF THE NORTH-SOUTH ROAD CORRIDOR INVESTMENT PROGRAM IN THE REPUBLIC OF ARMENIA

Abstract

The North-South Road Corridor Investment Program is a huge infrastructural program that aims to connect the south of the country with the north through the 556km long Meghri-Yerevan-Bavra road 1in full compliance with the European standards. The construction of this strategically important road will ensure a safe travel from the southern border of Armenia up to the Georgian border and further to the ports of the Black Sea, will allow cargo and passenger transportation in compliance with the European standards, will provide serious development opportunities to all human settlements in Armenia from the south to the north.