The city of Yerevan, Armenia, is working on a subway network expansion project, which will upgrade the single metro line north toward the Davitashen neighborhood to significantly reduce the traffic burden on Yerevan’s roads.
The Yerevan started its first metro digging in 1972 and began operation in 1981. The first phase of the expansion project includes construction of a new subway station in the Ajapnyak district, across the Hrazdan river from the current terminal of Barekamutyun. The proposed station will have a multi-use retail and business complex.
The expansion project will be developed under the public private partnership (PPP) model and information about the project has already been submitted to some private investors. The Yerevan municipality has also approached European Bank of Reconstruction and Development (EBRD) to help fund some of the planned public transport infrastructure.