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North-South Road Corridor Development Program (Updated)
| Date: | November 2011 |
| Country: | |
| Subject: | |
| Document Type: | Facility Administration Manual |
| Project Number: | 42145-013 |
Description
The Agarak-Kapan-Yerevan-Bavra route (M1 and 2 roads) crossing Armenia from south to north is further connected to Georgian's east-west highway that leads to Poti and Batumi at the Black Sea. This route provides Armenia with the shortest access to the seaports linked to Europe, the Russian Federation, and Turkey. In parallel, the government of Georgia is improving the east-west highway and plans to improve the Bavra-Zhdanov-Akhaltskha-Batumi road as an alternative connectivity to Black Sea ports from Tbilisi. This will enable Armenia cargoes to be transported to Black Sea ports easily through a shorter route. On the basis of this potential, the Government has developed a North- South Road Corridor Development Program (the Investment Program) as a priority and ADB will support it through a Multitranche Financing Facility (MFF).
This Facility Administration Manual is developed to help executing and implementing agencies and ADB monitor MFF implementation and evaluate performance. Describes the facility processing and administration of the investment program for the North-South Road Corridor Development Program, including summary of important events, and key persons involved.