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Prime Minister Denies Rumors About Soonest Railways Privatization

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  • Prime Minister Denies Rumors About Soonest Railways Privatization

    PRIME MINISTER DENIES RUMORS ABOUT SOONEST RAILWAYS PRIVATIZATION

    Armenpress

    YEREVAN, APRIL 18, ARMENPRESS: Armenian prime minister Andranik
    Margarian has effectively denied today rumors about soonest
    privatization of Armenian Railways, saying the government has no such
    intentions presently.

    The prime minister said the government is trying now to draft
    privatization approaches. "The government is still undecided about
    when and in what manner this should happen," he said.

    He said the prime minister's decision to set up a commission to examine
    the international experience stemmed from the implementation of a World
    Bank credit program for improvement of Armenian railway's operation,
    but not from an intention to privatize the railroad.

    He said the experience shows that what can be privatized are the
    trains but not the road.
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