MADRID, December 30, 2015 /PRNewswire/ --
- The president of the Republic of Armenia, among other authorities, attended the
- The first project of the company in the country has a total budget of 250 million USD
Isolux Corsan has opened two of the three sections under construction in Armenia's North-South Road Corridor, running between the cities of Artashat and Talin. Serzh Sargsyan, President of the Republic of Armenia; Vache Gabrielyan, Minister of Economy and deputy Prime Minister; Gagik Beglaryan, Minister of Transportation and Communications, and David Dole, Country Manager of the Asian Development Bank, attended the ceremony, among other authorities. Isolux Corsan was represented by Enrique Barreiro, EPC's CEO, and Jose Ruiz, Infrastructures' General Manager. The project, financed by the Asian Development Bank and co-financed by the Government of Armenia, has a total budget of 250 million USD.
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The new roads connect Yerevan-Artashat and Yerevan-Ashtarak, sections 2 and 3 respectively. The North-South Road Corridor is an important infrastructure that will link Armenia with Iran and, through Georgia, with the Black Sea.
The works carried out in section 2 include the expansion and reconstruction of the M2 Highway between the capital city of Yerevan and Artashat, a 20 km long infrastructure. The road has now three lanes each way and the existing pavement has been totally renewed and replaced with concrete pavement. Entries and exits of the highway and drainage ditches have also been rehabilitated. A new lighting system is also in place.
M1 Highway has been rebuilt in the 11 km long section 3, between the cities of Yerevan and Ashtarak. The road alignment has been modified in each of the two-lane carriageways, now made of concrete pavement. New entries and exits to the highway have been built and a new drainage system is in place.
In addition to these two new sections, Isolux Corsan is undertaking the construction of a highway with two-lane carriageways connecting the cities of Ashtarak and Talin, northwest of Yerevan. This 42 km long infrastructure connects with section 3. The layout of this highway includes different sections to be widened (25km in total) and other sections to be realigned (17 km in total). A total of 150 drainage works, 20 different structures (underpasses and overpasses) and various road entries and exists are also included in the project.
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