North-South Road Program State Non-Commercial Organization

Memorandum of Understanding Between the RA Ministry of Transport, Communication and Information Technologies and Iranian Companies Sabir Co. and Tarh-e-Now Andishan Co.


Memorandum of Understanding Between the RA Ministry of Transport, Communication and Information Technologies and Iranian Companies Sabir Co. and Tarh-e-Now Andishan Co. 13.02.2017

On February 13, 2017, the RA Ministry of Transport, Communication and Information Technologies and the joint venture of Iranian Companies Sabir Co. and Tarh-e-Now Andishan Co. signed a Memorandum of Understanding, according to which the parties give their consent to cooperate within the framework of researching and developing the most effective mechanisms of Public Private Partnership for Tranche 4 (Artashat-Agarak section) of the North-South Road Corridor Investment Program.

 

According to the Memorandum, Iranian Companies Sabir Co. and Tarh-e-Now Andishan Co. will provide research for the possible establishment of Public Private Partnership in the framework of Artashat-Agarak road section and, will submit the best possible solutions to the RA Ministry of Transport, Communication and Information Technologies.

 

The Memorandum of Understanding was signed by Mr. Artur Araqelyan, the RA Deputy Minister of Transport and Communication and Mr. Mohammad Reza Feyzi, the representative of the joint venture of Sabir Co. and Tarh-e-Now Andishan Co.

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