U.S. AECOM to prepare feasibility study for TRIPP project in Armenia

YEREVAN. Feb 5 (Interfax) - A team of experts from the AECOM U.S. engineering and consulting firm has visited Armenia to begin site surveys for the Trump Route for International Peace and Prosperity (TRIPP) project.

According to the press service of the U.S. Embassy in Armenia, AECOM representatives were delegated to the country by the U.S. State Department's Global Infrastructure and Investment Partnership Fund.

The work will include a feasibility study and the development of proposals for the construction of a railway and other infrastructure that will facilitate long-term economic growth in Armenia, improve transport accessibility, and regional integration, according to the statement.

As previously reported, Armenia and the United States have agreed to establish a joint venture to develop transport routes in Armenia as part of the TRIPP project.

TRIPP Development is expected to develop the infrastructure for the project, and will be controlled by the United States. The United States will own a 74% stake in the company, while Armenia will own the remaining 26%. Armenia's stake could increase to 49% going forward.

The TRIPP project will connect the mainland of Azerbaijan with the exclave of the Nakhchivan Autonomous Republic through Armenia along a 42-kilometer road.

In August 2025, Armenian Prime Minister Nikol Pashinyan and U.S. President Donald Trump and Azerbaijani President Ilham Aliyev signed a declaration in Washington, DC, stating that Yerevan would collaborate with Washington and certain third parties to develop the framework for the TRIPP project in Armenia. The project will involve constructing roadway, railway, and oil and gas infrastructure.

Pashinyan previously said that the U.S. had invested $140 million as part of the preparatory phase of the TRIPP project.

Founded in 1990, AECOM unites over 50 companies. The company's shares have been traded on the New York Stock Exchange since 2007.