Armenia Awards AMD 1.15 Billion Contract for Shaki Educational Complex Construction in Syunik
23 Feb 2026
Syunik Marz, Armenia - February 19, 2026The Territorial Development Fund of Armenia has announced a major contract award for the construction of the Shaki Educational Complex in Syunik region. The awarded tender, referenced HTDF-DBM-ASHZB-2024/49-3 (TOT Ref No: 24520466), carries a total contract value of AMD 1,157,700,000.The government contract was signed on February 19, 2026, marking a significant milestone in Armenia’s regional education infrastructure development program.Contract Details and ScopeThe project covers full construction works for the Shaki Educational Complex in Syunik Marz, aimed at improving educational facilities and learning environments in the region.The procurement procedure was conducted under BM (Purchase Procedure BM), with an AVC code of 04225743. The contract amount with available funds is listed at AMD 300,000,000, while the total awarded value stands at AMD 1.15 billion.The scope is expected to include :-Construction of modern classroom buildingsInstallation of essential utilities and infrastructureCompliance with national construction and safety standardsDevelopment of educational support facilitiesEntities InvolvedThe procuring authority, Territorial Development Fund of Armenia, plays a central role in implementing regional development and infrastructure projects across the country.The contract was awarded to ART PLAS LTD, an Armenia-based construction company. Securing this awarded tender strengthens the company’s footprint in public sector infrastructure and government construction contracts.Strategic ImportanceThis contract award represents a substantial investment in Syunik Marz’s educational infrastructure. The development of a new educational complex in Shaki is expected to:Enhance access to modern learning facilitiesSupport regional socio-economic developmentCreate short-term construction employment opportunitiesImprove long-term educational outcomesInfrastructure upgrades in rural and regional Armenia remain a policy priority, particularly in strengthening community resilience and balanced territorial development.ConclusionWith this AMD 1.15 billion construction contract, Armenia advances its commitment to modernizing public education facilities. As implementation begins, the Shaki Educational Complex is poised to become a key community asset in Syunik Marz, reflecting broader national efforts in public infrastructure investment and transparent procurement practices.#ArmeniaContracts #SyunikMarz #ShakiEducationalComplex #ConstructionContract #GovernmentContracts #AwardedTenders #ProcurementNews #EducationInfrastructure #PublicWorks #ArmeniaDevelopment #RegionalDevelopment
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Armenia Awards Contract for Completion of Modular Kindergarten Construction in Artik Community
28 Oct 2025
Yerevan, Armenia - 22 October 2025 Asphalt Construction LLC has been given a construction contract by the RA Urban Development Committee to complete the remaining work on a "modular"-style kindergarten in the Artik community of the Shirak region of Armenia.egion of Armenia. The project is a component of the government's continuous effort to use sustainable, modular building technologies to increase access to high-quality early childhood education facilities.Overview of the Contract Project Title: Completing the Construction of a "Modular" Type Manager-Kindergarten in the Artik Community of Shirak with 144 Seats Reference to Contract: RAMCK-HBMASHDZB-25/17 Value of Contract: AMD 727,860,000 Date of Award: 22 October 2025 Purchaser: Armenia's RA Urban Development Committee Provider: Armenian Asphalt Construction LLC Type of Procedure: Competitive Procurement Method (ABM) 00491736 is the AVC code (or equivalent). Allocated Funds: 150,000,000 AMD Background of the ProjectThe goal of the Artik Modular Kindergarten Project is to give 144 kids a cutting-edge, kid-friendly, and energy-efficient learning environment. The project guarantees quicker delivery, cost effectiveness, and adherence to strict safety and construction regulations appropriate for Armenia's climate by using modular construction techniques.The Armenian government's ongoing investments in urban and regional development, with a particular emphasis on community welfare and educational infrastructure, are reflected in this project.Concerning the ContractorReputable Armenian construction firm Asphalt Construction LLC is well-known for its proficiency in civil engineering, urban development, and infrastructure projects. Reputable Armenian construction firm Asphalt Construction LLC is well-known for its proficiency in civil engineering, urban development, and infrastructure projects.Importance of the ProjectFamilies in the Shirak area will directly benefit from the completion of the Artik kindergarten, which will promote early education and local jobs. The project also shows Armenia's dedication to sustainability and innovation in public infrastructure by using modular construction.The project also shows Armenia's dedication to sustainability and innovation in public infrastructure by using modular construction.To sum upAn important turning point in Armenia's efforts to develop its educational and community infrastructure has been reached with the awarding of this AMD 727.86 million contract to Asphalt Construction LLC. When finished, the Artik modular kindergarten will raise local living standards, expand access to early childhood education, and support Armenia's larger plan for sustainable regional development.Tags: #Armenia, #Artik, #Shirak, #KindergartenConstruction, #ModularBuildings, #UrbanDevelopmentCommittee, #AsphaltConstructionLLC, #ContractAward, #PublicKeyInfrastructure, #EducationDevelopment, #Education, #SustainableConstruction, #TenderNews
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