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The original was posted on /r/armenia by /u/Worth_Resolve2055 on 2024-11-16 06:50:44+00:00.

EIB Global will provide a loan of 236 million euros for the construction of Sisian-Kajaran road The European Investment Bank, EIB Global, has signed a 236 million euro loan agreement with Armenia to finance the construction of the Sisian-Kajaran road section, reports the EU delegation in Armenia.

This stretch of road is said to be a vital part of the North-South road corridor, which will improve connectivity between the European Union, the Middle East and Asia.