“Road Department” Fund
According to the No. 1298-A decision (August 6, 2021) of the Government of the Republic of Armenia, the "Road Department" state non-commercial organization (state registration number: 286.210.945286) was reorganized into the "Road Department" Fund.
“Road Department” SNCO was established by the Decree No 1304-A of the Government of the Republic of Armenia as of 15 December 2016 through reorganizing and merging of “Transport Projects Implementation Unit” State Institution and “North-South Road Corridor Investment Program Implementation Organization” State Non-Governmental Organization. The Organization is considered to be the legal successor of “Transport Projects Implementation Unit” State Institution and “North-South Road Corridor Investment Program Implementation Organization” State Non-Governmental Organization.
On December 26, 2019 the "Transport Project Implementation Organization" SNCO was renamed to "Road Department" SNCO by the RA Government Decree (N 1969–A).
The main scope and goals of the Fund are to ensure effective implementation of projects in transport sphere of the Republic of Armenia.
The principal spheres of the Fund’s activities shall be projects and activities designed by financial means provided by the foreign states and international donor organizations to the Republic of Armenia (hereinafter: the Project) on transport-related field capital and development programs (State Budget of the Republic of Armenia), approved by the Government of the Republic of Armenia and developed by the Ministry of Territorial Administration and Infastructure of the Republic of Armenia.
Executive Director of the Fund is Stepan Machyan.
ADB ARRM Country Director Paolo Spantigati welcoming participants expressed confidence that this training will greatly contribute to the capacity building of specialists implementing infrastructure projects.Read more
7055 Applications/letters and 4307 Outgoing Letters were Registered at the "Road Department" Fund during 202111-01-2022
During the 4th trimester of 2021, 1785 applications and letters were registered at the "Road Department" SNCO.Read more