Asian Development Bank and Armenia: Fact Sheet

Publication | April 2016
Asian Development Bank and Armenia: Fact Sheet

ADB has been working with Armenia since 2005, with loans totaling $1.04 billion and $12.3 million in technical assistance grants.

ADB is supporting Armenia’s transport sector to develop an efficient, safe, and sustainable road network for the country. Improvement of transport infrastructure aims to drive economic growth and regional cooperation, upgrade urban services, improve living conditions, and bolster economic opportunities in less developed towns.

By bringing international best practices to Armenia, ADB will strengthen its nonfinancial contributions to the country’s development, emphasizing innovation and the need to add value. Priorities for nonsovereign operations will be to promote private participation in ADB-financed projects and to mobilize cofinancing among development partners.

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Armenia as well as concise information on ADB's operations in the country and contact information.