YEREVAN, October 28. /ARKA/. Opportunities for attracting private capital, expanding public-private partnerships (PPPs), and implementing the “Crossroads of Peace” project were discussed at a meeting between Armenian Deputy Prime Minister Mher Grigoryan and an Asian Development Bank (ADB) delegation led by Vice President Wempi Saputra.
According to the press service of the Armenian government, during the meeting, the parties discussed the government’s priorities, the environmental agenda, and prospects for expanding public-private partnerships.
Grigoryan praised the existing cooperation between the Armenian government and ADB, emphasizing the importance of programs implemented in the country aimed at developing infrastructure, education, healthcare, energy, and the private sector.
The Asian Development Bank is one of Armenia’s international financial partners, providing support for infrastructure and socioeconomic programs. Wempi Saputra has served as ADB Vice President for Sectors and Themes since September 1, 2026.
The Asian Development Bank has been working with Armenia since 2005 and is one of the country’s largest multilateral development partners. According to ADB, as of end-2025, the bank’s total commitments under 79 public loans, grants, and technical assistance projects in Armenia amounted to $2.1 billion. The active public loan portfolio included eight loans worth $1.03 billion. Total disbursements through loans and grants to the public and private sectors reached $1.74 billion. The bank finances projects in transport, urban infrastructure, energy, education, and private sector development.
On May 27, 2026, ADB signed an agreement with Ameriabank for a $100 million loan to finance small and medium-sized businesses and environmentally sustainable projects. According to the ADB, this was the bank’s largest operation with the private sector in Armenia to date.
