Swedfund offers expert support for Yerevan Metro development programs
06.10.2026,
16:18
Representatives of the Yerevan Metro and the Swedish state-owned fund Swedfund have discussed potential cooperation regarding the development and modernization of the capital's metro system.
YEREVAN, October 6. /ARKA/. Representatives of the Yerevan Metro and the Swedish state-owned fund Swedfund have discussed potential cooperation regarding the development and modernization of the capital's metro system.
The talks were attended by Babken Sedrakyan, Acting Director General of the Yerevan Metro; , Head of Transport at Swedfund International; and advisor Daniel Neves, the metro's press service reported.
Swedfund representatives expressed their readiness to provide expert support to the metro, specifically by conducting studies that could serve as a foundation for developing expansion programs and planning future steps.
The parties agreed to continue discussions to identify potential areas of cooperation and to bring professional expertise to the Yerevan Metro's development programs.
About the Yerevan Metro
The Karen Demirchyan Yerevan Metro was established in 1981. Currently, there are 10 operating metro stations in Yerevan.
The total length of the metro lines is 13.4 km. On average, the metro transports 515,000–520,000 passengers per week.
Armenian Prime Minister Nikol Pashinyan previously stated that a concept involving at least four new stations is under consideration. These include the "Achapnyak" and "Surmalu" stations; the line is intended to run through "Achapnyak" and the future Academic City, eventually connecting to the "Charbakh" station to enable a circular route. About Swedfund
Swedfund is the Swedish development finance institution, established in 1979. Its core mission is to contribute to poverty reduction and sustainable development in developing countries through investments.
Swedfund invests in the private sector and also provides support for the preparation of sustainable infrastructure projects through its Project Accelerator program.
The talks were attended by Babken Sedrakyan, Acting Director General of the Yerevan Metro; , Head of Transport at Swedfund International; and advisor Daniel Neves, the metro's press service reported.
Swedfund representatives expressed their readiness to provide expert support to the metro, specifically by conducting studies that could serve as a foundation for developing expansion programs and planning future steps.
The parties agreed to continue discussions to identify potential areas of cooperation and to bring professional expertise to the Yerevan Metro's development programs.
About the Yerevan Metro
The Karen Demirchyan Yerevan Metro was established in 1981. Currently, there are 10 operating metro stations in Yerevan.
The total length of the metro lines is 13.4 km. On average, the metro transports 515,000–520,000 passengers per week.
Armenian Prime Minister Nikol Pashinyan previously stated that a concept involving at least four new stations is under consideration. These include the "Achapnyak" and "Surmalu" stations; the line is intended to run through "Achapnyak" and the future Academic City, eventually connecting to the "Charbakh" station to enable a circular route. About Swedfund
Swedfund is the Swedish development finance institution, established in 1979. Its core mission is to contribute to poverty reduction and sustainable development in developing countries through investments.
Swedfund invests in the private sector and also provides support for the preparation of sustainable infrastructure projects through its Project Accelerator program.
