Tweet
ARMENIAN PREMIER SAYS INVESTMENTS IN ARMENIA-IRAN RAILWAY CONSTRUCTION TO REACH $2 BLN
ARKA
Nov 13, 2008
YEREVAN, November 13. /ARKA/. Investments in construction of
Armenia-Iran railway will total $2bln, RA Prime Minister Tigran
Sargsyan reported at the RA parliament's session on Wednesday.
The large-scale program offers good investment opportunities, the
premier said, adding the government has negotiated with the private
investors over their possible participation in the project.
Armenia's Transport Minister Gurgen Sargsyan previously said the
World Bank and the Asian development Bank would co-finance the railway
construction project.
It has been fixed that one of the sections of the railway will pass
though Jermuk-Meghri. The railway is likely to pass through Sisian
and Kapan.
Some 100km of the railway will pass though Iran, with the starting
point being the Armenian border. The last station of will be Merand
in Iran.
Specialists say the railway will be constructed in six years.
In soviet times, Yerevan-Yeraskh-Nakhijevan (Azerbaijan)-Meghri
railway, which does not work now, used to link Armenia and Iran.
The new railway will pass through the territory of Armenia, opening
an alternative route for imports. The only railway linking Armenia
and other countries passes through Georgia.
ARKA
Nov 13, 2008
YEREVAN, November 13. /ARKA/. Investments in construction of
Armenia-Iran railway will total $2bln, RA Prime Minister Tigran
Sargsyan reported at the RA parliament's session on Wednesday.
The large-scale program offers good investment opportunities, the
premier said, adding the government has negotiated with the private
investors over their possible participation in the project.
Armenia's Transport Minister Gurgen Sargsyan previously said the
World Bank and the Asian development Bank would co-finance the railway
construction project.
It has been fixed that one of the sections of the railway will pass
though Jermuk-Meghri. The railway is likely to pass through Sisian
and Kapan.
Some 100km of the railway will pass though Iran, with the starting
point being the Armenian border. The last station of will be Merand
in Iran.
Specialists say the railway will be constructed in six years.
In soviet times, Yerevan-Yeraskh-Nakhijevan (Azerbaijan)-Meghri
railway, which does not work now, used to link Armenia and Iran.
The new railway will pass through the territory of Armenia, opening
an alternative route for imports. The only railway linking Armenia
and other countries passes through Georgia.