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Armenia invites Russian companies to bid for construction of North-South highway to Iran

According to Minister of Territorial Development and Infrastructure of Armenia Gnel Sanosyan, the Iranian side is also interested in taking part

YEREVAN, October 19. /TASS/. Armenia expects Russian companies to take part in the tender for the construction of the strategic North-South highway leading to Iran, Minister of Territorial Development and Infrastructure of Armenia Gnel Sanosyan said on Tuesday. He was speaking on the sidelines of the 8th Armenian-Russian Interregional Forum.

"During this forum we did not discuss the participation of Russian companies in the construction of the North-South project, but, you know, that we will have a rather extensive tender process in which various international construction firms will participate. I think that our Russian partners will participate in the tender," he said.

According to Sanosyan, the Iranian side is also interested in taking part.

Earlier, Armenian Prime Minister Nikol Pashinyan stated that the government intends to spend about $1 billion on the construction of the North-South road.