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 Thursday, February 5 2026 10:55
Marianna Mkrtchyan

Team from U.S. engineering consulting firm AECOM visits Armenia to  initiate work on survey of TRIPP site

Team from U.S. engineering consulting firm AECOM visits Armenia to  initiate work on survey of TRIPP site

ArmInfo.  Under the State Department's Partnership for Global Infrastructure and Investment Fund, a team from the U.S. engineering consulting firm AECOM visited  Armenia to initiate work on a survey of the TRIPP site. 

This project will provide technical assessments and recommendations  for rail and other infrastructure development to support Armenia's  long-term economic growth, connectivity, and regional integration.

On January 14, the Armenian Foreign Ministry published a framework  document signed with the American side in Washington for the  implementation of the Trump Roadmap for International Peace and  Prosperity (TRIPP). The 12-page document outlines the project's main  objectives and operational mechanisms.

Among other things, the document emphasizes Armenia's intention to  authorize and support the establishment of the TRIPP Development  Company. The company is expected to be responsible for developing the  TRIPP project, receiving an initial development right for a period of  49 years. Armenia intends to offer the United States a 74% stake in  the TRIPP Development Company, retaining 26%. This partnership is  expected to be extended for another 50 years, with an additional  ownership stake granted to the Armenian government, bringing its  stake to 49%.

As a reminder, on August 8, 2025, Armenian Prime Minister Nikol  Pashinyan and Azerbaijani President Ilham Aliyev signed a joint  seven-point "Declaration of Peace" in Washington. It envisages a  joint appeal to the Organization for Security and Cooperation in  Europe (OSCE) to terminate the OSCE Minsk process and related  structures, as well as the creation of a transport corridor through  Armenian territory that will connect Azerbaijan with its Nakhchivan  exclave, surrounded by Armenia, Turkey and Iran.  

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