Overview
- The TRIPP Development Company will plan and build transport and related infrastructure in Armenia for the corridor connecting mainland Azerbaijan with Nakhchivan.
- The agreement allows a possible 50‑year extension and future share issuance that could raise Armenia’s stake, while supervisory authority remains with Yerevan.
- Project rights cover railways, roads, energy transmission and fiber‑optic networks, with specific routes to be determined within Armenian territory.
- Armenia will retain full sovereignty over all project areas and keep control of national security, law enforcement, and access across the sites.
- Border and customs operations will use a front‑office/back‑office model with licensed private operators handling client services, while Armenian officials make all sovereign decisions and revenues flow directly to the state budget.