YEREVAN, NOVEMBER 29, ARMENPRESS: The Asian Development Bank has pledged today expertise assistance to Armenian authorities to help them to prepare a program for rehabilitation of rural roads. A memorandum to that end was signed today in Yerevan.
The government of Armenia hopes to receive a $30 million credit from the bank next year for major repair of about 260 km long rural roads. This project is expected to be launched in 2008.
Transport and communication minister Andranik Margarian said it was a good program, adding the ultimate goal was to rehabilitate and build good roads for all communities across the country.
Manukian said also that some 1,200 km long of rural roads will be repaired on funds Armenia expects to receive as extra aid from the U.S.-government funded Millennium Challenges Corporation.
Armenia’s overall road network is 7,700 km. Some 1,560 km are road linking Armenian provinces with each other, 1,980 km roads link regional centers and 4,320 km are rural roads.
Experts estimate that 61 percent of rural roads are in a very poor state and only 11 percent are in good condition.
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