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YEREVAN – The Armenian government has officially approved a project to construct a major customs and logistics center in the capital, supported by a significant financial injection from the European Bank for Reconstruction and Development (EBRD).
The decision follows the signing of an agreement on August 12, 2026, titled “Armenia: Yerevan Customs and Logistics Center – Project Implementation Support.” The initiative is designed to modernize the nation’s trade infrastructure and align it with international standards.
Financial Structure of the Project
According to the approved documents, the project will receive a total of €45 million in funding. The financial package is divided into two primary components:
- Loan Funds: €39 million, to be disbursed in two tranches.
- Grant Funds: €6 million.
Enhancing Trade Efficiency
The establishment of the Yerevan Customs and Logistics Center is expected to significantly transform the experience for participants in foreign economic activities. The facility will operate under a “one-stop, one-window” principle, aiming to provide high-quality, efficient, and transparent services.
Key expected outcomes of the center include:
- Improved Service Quality: Faster processing times and higher standards of customer service for businesses.
- Increased Transparency: Enhanced customs control and administration, which will contribute to greater predictability in trade operations.
- Risk Mitigation: The modernized infrastructure will facilitate more effective customs oversight, helping to reduce operational risks.
Government officials emphasized that this project is a strategic step toward streamlining logistics processes in Armenia and fostering a more favorable environment for international trade. By centralizing customs operations and implementing digital management tools, the center is expected to become a cornerstone of Armenia’s logistical network.
This investment marks a continued collaboration between Armenia and the EBRD, focusing on infrastructure development to stimulate economic growth and improve trade connectivity within the region.
Source: banks.am
