The European Bank for Reconstruction and Development (EBRD) is supporting the construction of the Friendship Bridge, which aims to improve the border connection between Armenia and Georgia.
60 km from Tbilisi and 200 km from Yerevan 200 Sadakhlo-Bagratashen checkpoint bridge is the main crossing point.
The € 10.3 million project is a regional initiative aimed at modernizing border infrastructure and bringing it in line with EU standards.
The Northern Corridor Modernization Program aims to rebuild existing infrastructure to meet international standards, as well as to build new buildings at three Armenian border checkpoints on the Armenian-Georgian border.
The bridge is a cross-border component of the Northern Corridor Modernization Program. It is scheduled to be completed by the end of 2022.
The European Bank for Reconstruction and Development is a leading institutional investor in Armenia. The bank has invested more than 1.51 billion Euros in 189 projects in the financial, corporate, infrastructure and energy sectors of Armenia. 90% of these investments were made in the private sector.
