Talin-Lanjik: A Vital Road Revitalized by ADB

Portfolio | Dec 10, 2024 | Asian Development Bank

Talin-Lanjik: A Vital Road Revitalized by ADB

The Asian Development Bank (ADB) is committed to enhancing the transport infrastructure in Armenia, focusing on climate resilience, accessibility, and economic growth. Through the North-South Road Corridor Investment Program, a significant portion of the country's transportation challenges, including high costs due to its landlocked status and severe winter weather, are being addressed. ADB has already contributed approximately $350 million toward this effort by improving 91 kilometers of roadway, notably the 18.7-km stretch between Talin and Lanjik, which was completed in 2022. This reconstructed route not only facilitates regional and international connectivity but also serves as a crucial corridor for economic development. The project has bolstered local expertise in procurement, contract management, and technology application, ensuring long-term resilience and effectiveness. As the road enhances connectivity to key cities like Gyumri and Yerevan, local residents report improved travel times and quality of life. ADB plans to continue its support, aiming to develop Armenia's transport network further, focusing on inclusivity and sustainability.

Sectors

  • Infrastructure Development
  • Financial Services
  • Transport and Logistics

Geography

  • Armenia – The article focuses on infrastructure projects taking place in Armenia.

Industry

  • Infrastructure Development – The article focuses on the development of transport infrastructure in Armenia, highlighting a significant road project.
  • Financial Services – Asian Development Bank's financial investments into Armenia's transport sector are central to the article.
  • Transport and Logistics – The development of the road network aids in improving Armenia's transport and logistics capabilities.

Financials

  • $350 million – The combined financing provided by ADB for the North-South Road Corridor Investment Program in Armenia.

Participants

NameRoleTypeDescription
Asian Development BankFinancierCompanyADB is financing and supporting the development of Armenia's transport system through its North-South Road Corridor Investment Program.
Road Development FundCollaboratorCompanyCollaborates with ADB in the reconstruction and development of road infrastructure.
Government of ArmeniaBeneficiaryGovernmentThe main recipient of the infrastructure investments made by ADB to improve the country's transportation network.