ArmInfo. Armenian Minister of Territorial Administration and Infrastructure David Khudatyan reported on the funding and development plans for the Yerevan Metro.
Speaking to the National Assembly committees on November 9, the minister announced that 5.5 billion drams have been allocated from the Armenian state budget for the development of the Yerevan Metro, 2 billion of which are directly directed toward the construction of the new Ajapnyak station. The new station is planned to be built by a local company.
Meanwhile, Yerevan Mayor Tigran Avinyan announced that 2 billion drams are planned to be allocated for the new Ajapnyak metro station project in Yerevan in 2027. This money will be used to purchase land for the future station, but, according to preliminary estimates, this amount will be insufficient. According to the mayor, the subsidy for servicing the existing metro line will amount to 1 billion drams.
The mayor also noted that the mayor's office plans to purchase approximately 170 new electric buses to replace the old Higer diesel buses.
"Funding for this has not yet been included in the state budget, but we hope this will happen following discussions," Avinyan said.
Previously, Avinyan and representatives of the mayor's office announced plans to begin work in 2026, but according to updated official information, the start of construction has been pushed back to 2027. Authorities estimate that the actual construction of the station will take approximately four years. The station is planned to be located near the intersection of Halabyan and Abelyan Streets (not far from the TUMO Center). The project builds on existing Soviet-era structures (the tunnel from the Barekamutyun station) and will also require the construction of a metro bridge across the Hrazdan Gorge. A final contractor has not yet been selected; authorities are discussing the possibility of engaging local and international construction companies.
