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Baku-Kars-Akhalkalaki Railway Project To Cost $400 Million

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  • Baku-Kars-Akhalkalaki Railway Project To Cost $400 Million

    BAKU-KARS-AKHALKALAKI RAILWAY PROJECT TO COST $400 MILLION

    PanARMENIAN.Net
    11.10.2006 16:03 GMT+04:00

    /PanARMENIAN.Net/ Azerbaijan and Turkey will assign joint funds for
    the Baku-Kars-Akhalkalaki railway construction, Turkish Ambassador to
    Azerbaijan Turan Morali told reporters October 11. He remarked that
    the construction will cost some $400 million. "A Turkish delegation
    has arrived today to discuss the issue. The construction of this
    railway will promote the development of political, strategic and
    economic relations between Turkey and Azerbaijan," Morali said.

    According to the Ambassador, transportation of cargo by the railway
    will cost three times cheaper than by other kinds of transport,
    reported Trend news agency.
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