Within the framework of the high-level launch event of the Connectivity Agenda Platform held in Brussels, the European Commission, the European Investment Bank (EIB), and the Ministry of Territorial Administration and Infrastructure of the Republic of Armenia signed a Joint Memorandum of Understanding, officially marking the launch of advisory support under the EPIC (Eastern Partnership Investment in Connectivity) initiative. This was reported by the Ministry of Territorial Administration and Infrastructure of the Republic of Armenia.
“The initiative envisages support for the preparatory work of the strategic road corridors Akhurik–Kayan and Margara–Kayan, which will connect border crossing points to the road network of the Republic of Armenia. In the first phase, the European Investment Bank will provide advisory support aimed at defining the scope of the necessary studies and developing feasible solutions for the implementation of the aforementioned road projects.
The projects are being implemented within the framework of the Government of the Republic of Armenia’s ‘Crossroads of Peace’ initiative and are intended to contribute to the development of regional transport connectivity, strengthen Armenia’s role as a reliable transport and logistics hub, and advance the European Union’s Connectivity Agenda.
The Մemorandum was signed by Adrienn Kiraly on behalf of the European Commission, Deputy Minister of Territorial Administration and Infrastructure Kristine Ghalechyan on behalf of Armenia, and representatives of the EBRD and the EIB,” the statement said.
